House Price Crash, can it happen?

I think there's a total lack of understanding of the modern housing market in this country and a "stuck in the past" mentality on this thread with some posters who think the good old days will return.

I haven't read the last few posts in depth, merely scanned through. I wrote there isn't enough houses in a previou posts and someone has replied that there's loads of houses for sale?

I live in a village near the new forest and there's about 2 houses for sales below 180K - thats a fact I would imagine most of the other areas are very similar.

There's a nationwide shortage of houses, the percentage on sale is a fraction of the total no. of houses in the country.