Average house prices rose by £19,000 in 2020
Island house prices have been branded 'ridiculous' and 'crazy' by some residents.
It's after a surge in average prices during the coronavirus pandemic.
There are concerns that first-time buyers in particular are finding it difficult to get onto the property ladder.
Manx Radio asked these people in Douglas their thoughts:
LIVE: Chief minister delivers urgent statement
The President of Tynwald has granted permission for Chief Minister Alfred Cannan to deliver an urgent statement in the Tynwald chamber, following a series of ministerial sackings
Former DOI minister informed via a 'two-minute whatsapp call'
Michelle Haywood described government as 'weak and unstable'
MHK criticises language used by chief minister during reshuffle
Tim Glover says Alf Cannan has 'a lot of questions to answer'
Chief Minister: I hope that cabinet reshuffle can 'stop the fighting'
20mph, Local Government (Amendment) Bill and minimum wage all represent 'ongoing clashes'
MNFU implores Tynwald to 'include the industry in its considerations regarding employment'
'It would appear that agriculture or agricultural related business have not been considered - again'
