Wednesday, Aug 15, 2007

Will house prices go up or down in the next 12 months?

Daily Mail: Will house prices go up or down in the next 12 months?

Poll vote currently

43% Down
57% Up

Posted by doomwatch @ 02:38 PM (149 views) Add Comment

16 Comments

1. george monsoon said...

Either the public are more stupid that I first thought, or this skew towards "up" is because most Daily Mail readers are Tory, middle age, middle class house owners.

Wednesday, August 15, 2007 02:44PM Report Comment
 

2. Mark said...

thats not it...

people think prices will go up because they are getting told this from the spin city... in general the public are like sheep, in fact more like lemmings, they jump too late, only to hit the floor and die...

the smart money left property earlier this year.......like they have left the stock markets, yet the public are still sitting thinking it will go up, my shares and pension will be ok.. what fools

Wednesday, August 15, 2007 03:06PM Report Comment
 

3. Symo said...

Poll results reflect the average mental capacity of the mail readers too!

Wednesday, August 15, 2007 03:10PM Report Comment
 

4. James3 said...

George - 57% is hardly a whopping majority. In fact, compared to public opinion of recent years, this is a bearish poll.

The 57% are voting 'UP' because that's all they've known for the last 12 years. It's a 'safer' prediction than voting down. If 'DON'T KNOW' was an option I suspect it would be the most popular.

Then again it is the Daily Mail...

Wednesday, August 15, 2007 03:17PM Report Comment
 

5. dohousescrashinthewoods said...

I think that is pretty close actually. A year ago I reckon the down vote would have been 25% or less.

Wednesday, August 15, 2007 03:28PM Report Comment
 

6. Alan said...

> george,

Aaaah...The public are getting smarter...

44% said the market was going down and only 56% said it was going up when I voted.

Wednesday, August 15, 2007 03:32PM Report Comment
 

7. Moley20 said...

Logged on at 5.10pm and the results are 50/50.

Wednesday, August 15, 2007 05:01PM Report Comment
 

8. Scott said...

It depends on the area where you live.

Wednesday, August 15, 2007 05:20PM Report Comment
 

9. doomwatch said...

It's now 50/50

Wednesday, August 15, 2007 05:23PM Report Comment
 

10. Alex said...

I would like to know how much is optimism and how much is political orientation to affect the poll.
The interest rate left unchanged is a symptom (or an omen). At http://www.rightmove.co.uk/pdf/p/hpi/HousePriceIndex23rdJuly2007.pdf
there is a recent House Price Index that should be consulted by the optimistic voters.

Wednesday, August 15, 2007 05:36PM Report Comment
 

11. Dandare500 said...

I don't understand why your comment George attacks Tories. It is clearly Labour that has got us to this point. Tories left the country in an unseen but great state when voted out. What has happened since is Labour's influences.

Wednesday, August 15, 2007 05:54PM Report Comment
 

12. Hotairmail said...

It's now 53% down

Wednesday, August 15, 2007 06:51PM Report Comment
 

13. mike said...

it gets better

Will house prices go up or down in the next 12 months?

1 Down
53%

2 Up
47%

Thank you for voting.

Wednesday, August 15, 2007 08:19PM Report Comment
 

14. speculatorone said...

Looking on rightmove for my area I have noticed hardly any new property coming to the market since the hips started, this will surely have an impact.

Wednesday, August 15, 2007 09:25PM Report Comment
 

15. planning4acrash said...

Dandare500, if Labour gets us here this time, the Tories got us here last time, arguably the ERM fiasco was more their making, and Labour can blame the global economy, but are still culpable. The fact is that economic cycles are economic, not political. All that politicians can do is ease cycles, reinforce them and spin to make it look like they have nothing to do with it. I think that George's point was, that most middle class Tory supporters can afford to buy, so don't understand what its like to be a first time buyer in these circumstances or to be duped into buying sub-prime. It is well know that this paper is a Tory paper, right wing, I would add to George's point, that Middle Class Labour and Liberal Guardian and Independent readers are just as seperate from this reality as the average Mail reader.

Wednesday, August 15, 2007 11:18PM Report Comment
 

16. planning4acrash said...

Dandare500, if Labour gets us here this time, the Tories got us here last time, arguably the ERM fiasco was more their making, and Labour can blame the global economy, but are still culpable. The fact is that economic cycles are economic, not political. All that politicians can do is ease cycles, reinforce them and spin to make it look like they have nothing to do with it. I think that George's point was, that most middle class Tory supporters can afford to buy, so don't understand what its like to be a first time buyer in these circumstances or to be duped into buying sub-prime. It is well know that this paper is a Tory paper, right wing, I would add to George's point, that Middle Class Labour and Liberal Guardian and Independent readers are just as seperate from this reality as the average Mail reader.

Wednesday, August 15, 2007 11:26PM Report Comment
 

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