Why Falling UK House Prices Still Don’t Fix Affordability

Why does housing still feel unaffordable even when prices are falling? This video explains why house prices don’t adjust the way people expect, and why affordability can worsen even during a price slowdown or decline. Housing doesn’t behave like a normal market. When mortgage rates rise, borrowing power falls immediately, shrinking who can buy and how much they can bid. Prices, however, adjust slowly because sellers can wait, transactions fall first, and the system prioritises stability over access. This is why prices can soften without affordability improving. Monthly payments rise, deposits remain large, and credit tightens locking buyers out even as headlines suggest relief. Ruelle Reports explains how the UK housing system actually works: credit, incentives, constraints, and timing. No panic. No blame. No shortcuts. Just clear explanations of why access tightens before prices move. If this helped you understand what’s really happening beneath the headlines, consider subscribing. Clarity is the only real advantage left. UK house prices falling, housing affordability UK, mortgage rates UK, buying a home UK, first-time buyers UK, house prices vs interest rates, housing market explained