That iceberg is Britain’s housing market. Andy Burnham has long said fixing the housing market was a priority for him. This could be done by building more homes and allowing people to borrow more in relation to their income. But, even so, she is concerned about the direction of travel for Britain’s housing market and the economic implications of the current (and very unaffordable) status quo. If 2008 exposed the potential for mortgage-lending to derail the world’s major economies by allowing borrowers to over-extend themselves, in 2026 we are learning that a stalled housing market can not only stall people’s life chances but also the economy, too.