So, if China manages to export deflation to the West that will eventually dampen official measures of inflation. That may allow central banks to cut interest rates. This will likely lead to house prices remaining high / unaffordable. It’s hard for the average Joe to avoid having his life dictated by these inflationary/ deflationary ebbs and flows. 

 House prices will come down (in real terms), for other reasons, such as an aging population and mass-immigration becoming less popular.

Housing costs tend to be combined (mortgage+price), so if interest rates go up, prices go down, and vice-versa. There's just a lag. 

 The sad thing is that there’s much needless suffering while we wait for the ‘right’ thing to happen. Patience is a virtue but it ain’t easy! 

 Any attempt to speed it up causes further distortions. 

 Tom over in SN agrees!

https://stacker.news/items/543188/r/halalmoney