Friday, March 25, 2011

Lemmings insist on jumping off cliff despite it being closed-off.

The recession 'has made no difference to property market sentiment'

Many people have not changed their view of the property market, despite the credit crunch, it has been found. The credit crunch appears to have made little difference to public sentiment regarding the property market, it has been found. Research commissioned by Miller Homes showed that a quarter of the 5,000 potential house buyers and existing home owners questioned claimed the recession had not altered how they view the sector. It was revealed that six per cent of respondents are still willing to borrow the maximum amount possible in order to move in to their ideal home.

Posted by sibley's b'stard child @ 09:49 AM (1954 views)
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6 thoughts on “Lemmings insist on jumping off cliff despite it being closed-off.

  • perhaps we are the lemmings – especially with housing having BOE and UK government behind them.

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  • or perhaps they just view a house as a place to live, and don’t look on it as an investment opportunity

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  • sibley's b'stard child says:

    Image and video hosting by TinyPic

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  • @ sibley’s b’stard child – that’s very good!

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  • Smugdog encapsulates this faith impeccably and who could really blame him.

    However, the truth is only revealed at the point of death, but if the present is all that matters, he has a right to his smugness.

    Peace be with us all in these troubled times.

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  • “It was revealed that six per cent of respondents are still willing to borrow the maximum amount possible in order to move in to their ideal home”.
    If you really want to set up a home with a person of your choice, you will do whatever it takes. Your may not think that housebuying is all you thought it was 10 years back, since the credit crunch, but you do it anyway.

    “Many people have not changed their view of the property market..”, really?
    I thought a better guage of sentiment is the number of people at dinner parties that have stopped yakking on about “how much their house has gone up” is a better (albeit anecdotal) barometer of sentiment.

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