(UK, informal, rare) A condition of the housing market in which very few houses are bought and sold.
I've certainly heard people complain of feeling "credit crunched", although I can't really imagine anyone using the term brickor mortis with a straight face.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.