Wednesday, Jan 30, 2008

more confirmation!!

moneysavingexpert.com webpage: House Prices Poll Result. Massive 30% sentiment swing toward house prices dropping

Voters predicting a fall: 59% of people predicted a fall (30%). Does sentiment matter? Yes, when people think prices will drop they act differently, they’re far less willing to pay higher prices, and thus there’s the potential for a self-fulfilling prophecy

Posted by waitingtobuy @ 04:21 PM (207 views) Add Comment

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