More British concerned by housing than at any time since 1974
An Ipsos Mori poll reportedly indicates that UK citizens are more concerned about the state of the country's housing market than they have been at any time since 1974; 20% of UK citizens see housing as being the most important issue facing the UK today. This follows UBS saying last week that the London property market is on the verge of collapse, and estate agents YourMove and Reeds Rains reporting that record numbers of aspiring homeowners see buying a house as being out of reach.

This chart shows panic over housing in the UK is rising to levels last seen in the 1970s

People are freaking out about housing in the UK – and the panic hasn't been this bad since the 1970s.

According to the latest Ipsos Mori Issues Index for October, 20 per cent of people see housing as the most important issue facing Britain today.

The only time Brits have seen housing as even more of an issue for the country was in the autumn of 1974, a time of significant political upheaval across the UK.

Economists at UBS warned last week that London's housing market is teetering on the brink of a crash after a period of “explosive” growth has turned it into one of the most overvalued cities in the world, while data from YourMove and Reeds Rains showed that record numbers of aspiring homeowners believe that buying a property is now out of reach.

Meanwhile, proof of a UK-wide housing supply shortage was clear to see in the September Property Supply Index from online estate agents HouseSimple.com. That survey showed new property listings had fallen by 6.6 per cent across the UK between August and September.