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Well, job done as far as they're concerned then. Of course, the real issue would be the underlying reason why houses suddenly became worth only 10% of their current prices. The only reason this could happen is if you suddenly had a massive surplus of houses - i.e. a sudden increase in supply or a sudden decrease in demand. Given that a vast number of houses aren't suddenly going to spring out of the ground overnight, the only way this could happen therefore is a sudden and huge depopulation of the UK. Which would probably have far more significant consequences than lower house prices, whatever the Daily Mail might think.
Brommers
That's want they want you to believe.