It depends on where those houses are as prices vary massively. A 2 bed terrace may cost £60k in a deprived area or £300k where people are wanting to live. Those who could work totally remotely ought to be opting for the former, but most people need to get to some place of work.

I've seen prices go up a lot around here since we built our house 20 years ago. My kids will struggle to buy something.