It’s relative though isn’t it, 13% back then is different to 13% percent now based on wages compared to cost of living.
People can barely afford it at 5-6%.
Saying people need to look at their budget misses the point that even shithole run down places you wouldn’t house your worst enemy in are selling for £150,000 plus at the moment.
We had to settle for a small, ok-ish terraced house in an ok/meh area and that was £185,000.
Your trad basic 3 bed semi that your parents could always afford years ago is now £250,000 plus and out of reach for most working class normal people.