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slang.fyi

house price crisis

/haʊs praɪs ˈkraɪsɪs/

Common

The situation where house prices have risen so far beyond wages that ownership is out of reach for most people.

Used as both a factual description and a political accusation. Depending on context it can imply blame toward landlords, government policy, developers, or all three at once.

Real-world examples4 examples
#ExampleWhat it meansSource
01the house price crisis is the thing nobody in parliament wants to fix because fixing it loses votes from people who own housesThere is no political will to bring prices down because existing homeowners are also voters.x, 2024
02house price crisis got me moving back in with my parents at 30. this is fine.The speaker has had to take a step backwards due to housing costs.tiktok, 2024
03people aren't having kids because of the house price crisis. not because they don't want them.Housing affordability is affecting birth rates, not personal preference.x, 2023
04they announced 300 new homes today. great. there are 4 million people on the waiting list. house price crisis solved.The scale of the response is completely inadequate to the scale of the problem.x, 2024

Use it when

  • Describing the systemic unaffordability of housing.
  • Pointing to housing as the root cause of other problems like inequality or low birth rates.
  • Reacting to property news, listings, or policy announcements.

Do not use it when

  • You mean a temporary dip in house prices.

Origin and context

UK house prices began outpacing wage growth noticeably from the late 1990s. The phrase became a fixture of political and media discourse by the 2010s and moved into everyday online use alongside the rise of housing-focused social media content.

First seen
2010s
Confidence
medium

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https://slang.fyi/house-price-crisis
Updated: 2026-08-28License: CC BY 4.0

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