But now, finally, the disbenefits of rampant house price inflation are starting to be shared by everyone, rather than by only those locked out of the leverage-fueled bonanza. The huge cohort of winners have done so well out of it that it is now actually creating a labour shortage as described, outweighing the "wealth effect" which was supposedly so beneficial to the economy throughout the boom. So now maybe The Government and The Bank will not be quite so inclined to keep pumping it up any more.