The property market is not a free market - it is propped up by the government. I think the government and the powers that be will NEVER let property prices fall significantly as they would lose their tax revenue. This nation will become a country of landlords and renters. I know which one I would rather be.
Wishing the good old days and 3.6 ratio would come back is about as good as wishing my kids read books instead of spending hours on social media. Times have changed.
