Post new topic Reply to topic  [ 34 posts ]  Go to page 1, 2, 3  Next

Public Emotional response to house market
Poll ended at Tue Feb 03, 2009 2:40 pm
Optimism 0%  0%  [ 0 ]
Excitement 1%  1%  [ 2 ]
Thrill 0%  0%  [ 0 ]
Euphoria 1%  1%  [ 1 ]
Anxiety 0%  0%  [ 0 ]
Denial 16%  16%  [ 22 ]
Fear 54%  54%  [ 76 ]
Desperation 13%  13%  [ 18 ]
Panic 7%  7%  [ 10 ]
Capitulation 5%  5%  [ 7 ]
Despondency 1%  1%  [ 2 ]
Depression 0%  0%  [ 0 ]
Hope 0%  0%  [ 0 ]
Relief 1%  1%  [ 2 ]
Total votes : 140
Author Message
 Post subject: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 2:40 pm 
Offline
Nationalised
User avatar

Joined: Nov 8, 2006
Posts: 8873
Location: Location, Location.
Previous polls: September 2007 | January 2008 | April 2008 | July 2008 | September 2008

Based on general conversations with your friends, colleagues, or intuition what do you reckon the public mood towards the house market is?

Image

_________________


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 2:47 pm 
Offline
Neo Landlord

Joined: May 13, 2008
Posts: 238
Location: Munster
Panic will happen this year if Fianna Failure start forcibly cutting public posts and salaries.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 3:14 pm 
Offline
Speculator

Joined: Oct 4, 2008
Posts: 401
I think we are in the Fear stage. But I think we will move very quickly to desperation after Q1.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 3:20 pm 
Offline
Speculator

Joined: Oct 9, 2008
Posts: 423
Location: In Bertie's socialist paradise
I think we are between Denial & Fear.

I am astonished by the number of people I know that still think "their" house is "worth" more than what the local going rates currently are, never mind in 3 to 6 months time. Am sick of telling people to wake up & smell the coffee :(


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 3:30 pm 
Offline
Too Big to Fail
User avatar

Joined: May 6, 2008
Posts: 4111
Location: the nearest faraway place
i believe that privately Irish society is entering fear but publicly are willing to make an attempt to talk it up, it's all that's left.

_________________
Fear of losing out drives the bubble, fear of losing everything drives the bust.

Those who don't study history are doomed to repeat it. Those who do study history are doomed to watch everyone else repeating it.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 4:13 pm 
Offline
Property Magnate

Joined: May 14, 2007
Posts: 563
Location: On the road to nowhere.
Has to be denial for the vast majority of people i meet.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 5:10 pm 
Offline
Old Time Landlord

Joined: Jul 15, 2008
Posts: 365
Location: Aboard the old Hyperion
Yep waiting to tip fully into Fear. Denial is a sticky one helped by figures out that say US houses fell by 22% in 2008, UK fell by 16% and Irl fell by only 10%, spot the difference, US and UK are actually accurate and not pulled out of an intestinal nadir. I do think fear will be short lived though. It should be well upon us by March from the unemployment figures but as the flood gates open I think we'll see panic at the falled autumn selling season.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 5:12 pm 
Offline
Speculator

Joined: Oct 9, 2008
Posts: 423
Location: In Bertie's socialist paradise
Quote:
Euphoria 4% 4% [ 1 ]


I see Country Tom has hit the Pin :?


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 7:05 pm 
Offline
Back Home with Mammy

Joined: Sep 4, 2008
Posts: 65
T-B-M wrote:
Quote:
Euphoria 4% 4% [ 1 ]


I see Country Tom has hit the Pin :?


i suppose it's a matter of perspective. perhaps the "euphoria" voter is surrounded by people delighted that they'll be able to buy property at a reasonable price in the not so distant future... :wink:

last stages of denial for me, fear will follow very shortly.

_________________
"Have you not one honourable man among you? A prince or some inbred mad dog?"


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 10:01 pm 
Offline
Of Systemic Importance

Joined: Aug 4, 2007
Posts: 5250
Location: Ahernistan
I think Ireland has created a new state between denial & fear, lets call it 'befuddled'

_________________
"Mr Kelly said Ireland’s “reputational capital” had been damaged by “chancers” such as ex-Anglo Irish Bank chairman Seán FitzPatrick, who had been abetted by “buffoons” such as former financial regulator Patrick Neary, Minister for Finance Brian Lenihan and the Taoiseach." - Irish Times 13th Jan 2009

"If you can't be a good example, then you'll just have to be a horrible warning." (Catherine Aird)


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 10:06 pm 
Offline
Nationalised
User avatar

Joined: Jun 23, 2006
Posts: 22471
Location: Over Macho Grande? I don't think I'll ever be over Macho Grande...
Well. It's definitely capitulation for those buying... Hold off, hold off, is the message cried from the rooftops... Capitulate into settling in for the long haul.

For the sellers, it's definitely fear. And for a moderate few, panic.

For the establishment, desperation.

_________________
People change. Hairstyles change. Interest rates fluctuate.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 10:08 pm 
Offline
Of Systemic Importance

Joined: Feb 8, 2007
Posts: 5101
It's remarkable.

We're only starting to move into Fear. The British on the other hand are a year or so behind our crash and they're already starting to move into Desperation (BTL'ers are starting to get slaughtered over there).

Are we the most stubborn, pig-headed nation in the world?


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 10:11 pm 
Offline
Of Systemic Importance

Joined: Aug 4, 2007
Posts: 5250
Location: Ahernistan
HouseBuyer wrote:
It's remarkable.

We're only starting to move into Fear. The British on the other hand are a year or so behind our crash and they're already starting to move into Desperation (BTL'ers are starting to get slaughtered over there).

Are we the most stubborn, pig-headed nation in the world?


WE'RE NUMBER ONE !!!
WE'RE NUMBER ONE !!!
WE'RE NUMBER ONE !!!

_________________
"Mr Kelly said Ireland’s “reputational capital” had been damaged by “chancers” such as ex-Anglo Irish Bank chairman Seán FitzPatrick, who had been abetted by “buffoons” such as former financial regulator Patrick Neary, Minister for Finance Brian Lenihan and the Taoiseach." - Irish Times 13th Jan 2009

"If you can't be a good example, then you'll just have to be a horrible warning." (Catherine Aird)


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 10:21 pm 
Offline
Nationalised
User avatar

Joined: Jun 23, 2006
Posts: 22471
Location: Over Macho Grande? I don't think I'll ever be over Macho Grande...
HouseBuyer wrote:
Are we the most stubborn, pig-headed nation in the world?


Yes.

Image

_________________
People change. Hairstyles change. Interest rates fluctuate.


Top
 Profile  
 
 Post subject: Re: Q1 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jan 03, 2009 10:44 pm 
Offline
Nationalised

Joined: Oct 29, 2007
Posts: 11385
Location: Multiverse
T-B-M wrote:
I am astonished by the number of people I know that still think "their" house is "worth" more than what the local going rates currently are, never mind in 3 to 6 months time. Am sick of telling people to wake up & smell the coffee :(



If you are using this as a yardstick you will never leave the state of denial. :lol:
Easy to see you are not an estate agent.
As an EA I can assure you, people always think their house is worth more than the local going rate.
Always !


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 34 posts ]  Go to page 1, 2, 3  Next


Who is online

Users browsing this forum: Bing [Bot], feckless and 3 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to: