In Great Britain the housing market has remained steady since a crash in the 80s and 90s. However, due to a new and stricter tax laws, the market has considerably slowed down. Skyrocketing housing prices also prevented sales. The demographics in England hardly match those of the 80s and 90s, and therefore it is unlikely the housing market will experience a crash. Currently England is experiencing a slow in their economy because consumer spending is weak, and therefore the housing market has also slowed.

Read more: Too much hinges on house prices: but Britain may yet avoid a crash – The Guardian