Well reporting is not the only source used. But I agree stigma probably affects many of the sources. Reading around they view these numbers as a minimum estimate and acknowledge there's greater uncertainty in developing countries.

I'd agree you can't immediately assume differences in the numbers are truly differences in the incidence of mental illness, if that's your point.

Wow so much trolling in so few words. A+ lack of empathy.

Might be factoring in, but the source is attempting to do more than just chart diagnoses.

"based on a combination of sources, including medical and national records, epidemiological data, survey data, and meta-regression models"

Why do you think that? The economy and rates/mortgages are pummelling it.

It's listed real estate (it does say in the chart: VNQ vanguard etf). Single family obviously isn't down that much (yet) but the price discovery is slower there too. REITs are more comercial and industrial than residential.

23% of population right? Land area about the same. Given the extraordinary naval power I'm generously guessing "world surface" here refers to oceans controlled too, which might get you to 40%. Seems unnecessary to quibble when we can all agree on "unreasonably powerful and exploitative".

Britain arguably has an abusive relationship with Scotland too, pulling it out of Europe without consent and refusing it an independence referendum.

Don't see Westminster making apologies of this sort until/unless the conservatives are out of power. Most of them don't even see the harm in imperialism...

UK bank affordability test already bake in a component of resilience to rate rises and the binding constraint for most people is an income multiple limit or raising a deposit. As such affordability has a lower dependence on rates than you might expect(and certainly nothing like your model). Probably the biggest impact so far is banks starting to withdraw 95% LTV deals.

So when do you expect the 30% drop in prices? I assume you have sold all property and found a way to short real estate since you seem to think the outcome is so certain?

But what do you think your numbers represent? US mortgage rates already went from 3 to 6/7 and we're not seeing anything like the drop you show. I contend that's because your analysis is naive with respect to inflation.

Regarding the UK market sure, but then the impact on 30 years fixed repayments is irrelevant because you can't fix for 30 years. Again, the wage/house price picture in 5 years (actually less since many people fix for 2) cannot be ignored.

Sure, your max remortgage loan will drop but you've also locked in a fantastic rate so you don't want to remortgage in that scenario.

So sorry what is the point here? That new buyers can't get a big enough mortgage? That's not really a new thing with high rates though.

Bit daft as ignores the effect of inflation on nominal House prices and wages. Higher mortgage rates likely correlate with higher inflation. Which in turn means you'll be able to afford more than 1000 repayment later in the life of the mortgage and that the terminal nominal value of the house will be higher.

Obviously higher rates indeed should mean lower house prices, but this is quite an oversimplification.