In the UK, rate rises are imminent while house prices are soaring. It looks like housing is in a bubble. Chris Watling, chief market strategist of Longview Economics, tells the FT's John Authers why a correction is coming ‑ but may still be a year or two away.<br /><br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes