Post new topic Reply to topic  [ 24 posts ]  Go to page 1, 2  Next

Public Emotional response to house market
Poll ended at Mon Aug 03, 2009 2:52 pm
Optimism 1%  1%  [ 1 ]
Excitement 0%  0%  [ 0 ]
Thrill 0%  0%  [ 0 ]
Euphoria 0%  0%  [ 0 ]
Anxiety 1%  1%  [ 1 ]
Denial 24%  24%  [ 23 ]
Fear 52%  52%  [ 50 ]
Desperation 10%  10%  [ 10 ]
Panic 2%  2%  [ 2 ]
Capitulation 4%  4%  [ 4 ]
Despondency 3%  3%  [ 3 ]
Depression 2%  2%  [ 2 ]
Hope 0%  0%  [ 0 ]
Relief 0%  0%  [ 0 ]
Total votes : 96
Author Message
 Post subject: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jul 04, 2009 2:52 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 | January 2009 | April 2009

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: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jul 04, 2009 3:25 pm 
Offline
Real Estate Developer
User avatar

Joined: Feb 8, 2007
Posts: 970
Location: Away
Previously I thought we were at Fear, but now I think people are in Denial.(from reading AAM)

I know a couple of BTL'er who are selling now in the hope of breaking even (purchase 2005+), can't see it happeneing though.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jul 04, 2009 3:28 pm 
Offline
Planning Tribunal Attendee

Joined: Jun 5, 2008
Posts: 1499
Inbetween Denial and Fear..Green Shoots..

_________________
What condition was the property in for each of the properties you are saying the bottom is in for!


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jul 04, 2009 3:41 pm 
Offline
Nationalised
User avatar

Joined: Nov 8, 2006
Posts: 8873
Location: Location, Location.
FAUGH45568 wrote:
In between Denial and Fear..Green Shoots..


It is often said a drowning man will grasp at straws, are "green shoots" simply an expression of desperation as the vested interests grasp at any economic data to further prop up their agenda?

Quote:
"A sower went out to sow his seed: and as he sowed, some fell by the way side; and it was trodden down, and the fowls of the air devoured it. And some fell upon a rock; and as soon as it was sprung up, it withered away, because it lacked moisture. And some fell among thorns; and the thorns sprang up with it, and choked it. And other fell on good ground, and sprang up, and bare fruit an hundredfold. And when he had said these things, he cried, He that hath ears to hear, let him hear." -- Luke 8:4-8

_________________


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jul 04, 2009 4:22 pm 
Offline
Speculator

Joined: Oct 9, 2008
Posts: 423
Location: In Bertie's socialist paradise
I crunched the respondent numbers from the previous polls. What happened in Jul-08 - holidays :?:
Other than that blip, the trend mirrors the national debt.

    Sep-07 29
    Jan-08 37
    Apr-08 83
    Jul-08 63
    Sep-08 101
    Jan-09 140

I vote denial - both general populace and government.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sat Jul 04, 2009 4:55 pm 
Offline
Holiday Home Owner

Joined: Feb 13, 2009
Posts: 305
We are darn slow learners. Still in denial.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 05, 2009 10:22 am 
Offline
Under CAB Investigation

Joined: Mar 15, 2007
Posts: 1829
schnackbox wrote:
Previously I thought we were at Fear, but now I think people are in Denial.(from reading AAM)

I know a couple of BTL'er who are selling now in the hope of breaking even (purchase 2005+), can't see it happeneing though.


I think this is just a large-ish minority of individuals - the vast majority are in fear.

According to the model, denial is expecting things to not get worse. Fear is expecting things to get worse but you still hope you get away with it before it does. I think this is where we are.

_________________
The underlying deficit situation is as planned - Brian Cowen, 13th July 2010


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 05, 2009 11:48 am 
Offline
Too Big to Fail
User avatar

Joined: May 6, 2008
Posts: 3929
Location: the nearest faraway place
Lots of people don't realise they are on a cycle, they still think "the ship is listing but it can't sink, it shan't sink, they said it was unsinkable". It may be denial but there's fear in their hearts. I think fear may be the shortest of all the emotions on this ride.

_________________
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: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 05, 2009 1:01 pm 
Offline
Under CAB Investigation

Joined: Oct 9, 2007
Posts: 2058
Depends on how long before BOC takes to realize Jim Power now has some credibility after terminating his trip to Damascus, a painful process involving ridicule but something that has to be dealt with. He's already taken the first step by admitting it was all a scam. Once people like BOC and Izzy tell the masses that the Cannys and Savvys now trying to lock in any gains at all and off loading the nine BTLs before the repo men come for the Z4, then we'll see some serious movement but it will take 12 months of continued job losses I fear. I often fear we could have another bubble a lot sooner than would be normal, ie in 8 or 10 years time as most of the population think that the business model of buying as many properties in itself is a sound proposition if it wasn't for Lehmans, Scooby Doo and those pesky kids.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 05, 2009 1:38 pm 
Offline
Neo Landlord

Joined: Oct 15, 2008
Posts: 254
conor_mc wrote:
schnackbox wrote:
Previously I thought we were at Fear, but now I think people are in Denial.(from reading AAM)

I know a couple of BTL'er who are selling now in the hope of breaking even (purchase 2005+), can't see it happeneing though.


I think this is just a large-ish minority of individuals - the vast majority are in fear.

According to the model, denial is expecting things to not get worse. Fear is expecting things to get worse but you still hope you get away with it before it does. I think this is where we are.


I would have thought denial heading towards fear but I have seen a definite bounce back to denial recently - I've been told "great time to buy" by several otherwise intelligent individuals. No amount of facts or rational argument can change their minds as they stare at me like I've two heads for dampening their optimism. I suppose most home owners or prospective owners just want to believe we are at the bottom.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 05, 2009 3:39 pm 
Offline
Under CAB Investigation
User avatar

Joined: Apr 20, 2008
Posts: 2613
Location: Under a baNAMA tree
Still a level of denial that would put an ostrich to shame

_________________
"Everything is connected to everything else" - Lenin
"Housing policy is like law and order. It brings out the idiot in politicians - and journalists." - Simon Jenkins


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 05, 2009 6:12 pm 
Offline
Holiday Home Owner

Joined: Jul 31, 2008
Posts: 310
Ozzy wrote:
Still a level of denial that would put an ostrich to shame


+1 to that.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Mon Jul 06, 2009 8:46 am 
Offline
Single Home Owner

Joined: Sep 10, 2008
Posts: 178
Location: Sunny Dublin
freddie59 wrote:
Ozzy wrote:
Still a level of denial that would put an ostrich to shame


+1 to that.


And another amen. Quote of the weekend - "You don't want to miss the boat, now do you?!" Gah.


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Mon Jul 06, 2009 9:13 am 
Offline
Of Systemic Importance

Joined: Jan 10, 2008
Posts: 5365
Location: BubbleBurst Ireland
I agree Denial and the reason being I just dont think people realise just how bad it is out there and how much shite the country is in. It will take cutting the dole and health services etc to drive this home bacause people suffer from lethargy to a great degree in this country in that i.e. "if it doesnt affect me then Im not interested" and that plays into the governments hands.

_________________
The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.
Winston Churchill


A people that values its privileges above its principles soon loses both.
Dwight D. Eisenhower


Top
 Profile  
 
 Post subject: Re: Q3 2009 survey of Irish Market - Market cycle of emotions
PostPosted: Mon Jul 06, 2009 9:16 am 
Offline
Of Systemic Importance

Joined: Nov 7, 2007
Posts: 5669
spqr64 wrote:
I agree Denial and the reason being I just dont think people realise just how bad it is out there and how much shite the country is in. It will take cutting the dole and health services etc to drive this home because people suffer from lethargy to a great degree in this country in that i.e. "if it doesnt affect me then Im not interested" and that plays into the governments hands.



There's fear because people have realised things are bad
and Denial because people don't realisehow bad.

_________________
FF should disband


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 24 posts ]  Go to page 1, 2  Next


Who is online

Users browsing this forum: Google [Bot], Luan and 7 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: