Thursday, December 14, 2006

YouGov poll – one in three expect HPC within 2 years.

Huge loss of faith in housing market, poll shows

A poll by YouGov shows many are expecting a house price crash within the next 1 or 2 years. Many are therefore putting off buying as a result. One factor making people less confident in the housing market is apparently the recent rate rises.

Posted by willsmith @ 12:09 AM (547 views)
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4 thoughts on “YouGov poll – one in three expect HPC within 2 years.

  • Well duh. Most respectable economists believe the markets massively overvalued, and therefore due for a correction.

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  • Worrying though aint it? Doesnt crash come when last bear turns to bull? So when is that going to be if one in 3 are now bears (huge increase on recent years).

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  • Or, to put a different spin on it —- Confidence in the property market remains high as 66% of those polled think prices will carry on rocketing over the next 2 years.

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  • Or reading this another way 70% of the British Public are still morons who have no understanding of basic economics.

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