Saturday, Oct 06, 2007
Sentiment is definitely shifting
thisismoney: UK house price poll - 72% expect a fall
August's global credit crunch has sparked concern for the property market. What will happen to UK house prices from now to the end of 2007? Poll results so far ....
Posted by uncle chris @ 10:09 AM (1054 views) Add Comment
13 Comments
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1. dohousescrashinthewoods said...
Just spotted this corker too:
http://www.thisismoney.co.uk/tools-and-calculators/polls/results.html?in_poll_id=15532&in_page_id=88&in_question_id=15460&in_exists=N&in_answer1=17752
87% believe prices will fall by the end of the year. It would seem the sheeple have turned on the VIs! Good on you.
2. deepak said...
Expected to fall Haha
Check out your local prices at Property snake you will suddenly see a sudden surge.
Remember this does not get all the information like it used to but still has quite a few.
3. talking rot said...
100,000 lemmings can't be wrong!
4. Techieman said...
This headline had me as a HPC advocate worried. I mean if the vast majority of people think there will be a fall thats not good news. I dont know how big the population is or if the poll is biased (i should think it is). In any case when i just looked 58% expected a fall > 5%. That sounds better - we need a few Bulls in there at least at this early stage (i.e. before there is common acceptance that a crash is underway).
5. confused76 said...
Only 9% think that it will rise at all!!!!!!!!!!!!!!!!!
6. monty032 said...
Remember that this is a self-selected sample, not a representative survey. People waiting for house prices to fall are much more likely to be frequenting web sites such as this than those who have a lot to lose, who are likely to want to bury their heads in the sand.
7. Jj said...
But once the media get hold of a small fall in house prices each month prices are sure to tank further and at a much faster rate. This is the start of history in the making.
8. dbnazz1 said...
Looks like the sheeple are starting to awaken from their slumber.
9. Onyerhike said...
An anecdote from another country that has - whoops I mean HAD - runaway house inflation. I moved to Norway a year ago and have been looking for somewhere to buy since. Up until about 4 months ago, prices were rising like crazy, but lately something very strange has happened. The market has been flooded with flats that just don't seem to be shifting. At the moment there is very low unemployment so things are holding steady but rent has shot up because people are waiting to see what is going to happen and are renting rather that buying. The market has been flooded I read, because the investors are out/getting out, loads of new property is being finished so buyers can move in and so now those who want to move into their new (poor quality) flats have to sell their old ones - and it ain't so easy. Just a year ago, people were buying themselves a new house before they even sold the old one. On top of this, interest rates are going up here.
10. Ash4781 said...
80% of people believe they just fake the results
11. Randomkevlar said...
87% of all statistics are made up on the spot, or was it 96, anyway we all know that 42 is the meaning of life :)
12. Randomkevlar said...
87% of all statistics are made up on the spot, or was it 96, anyway we all know that 42 is the meaning of life :)
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