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Public emotional response to house market
Poll ended at Wed Aug 01, 2012 2:18 pm
Optimism 2%  2%  [ 2 ]
Excitement 0%  0%  [ 0 ]
Thrill 0%  0%  [ 0 ]
Euphoria 0%  0%  [ 0 ]
Anxiety 1%  1%  [ 1 ]
Denial 15%  15%  [ 15 ]
Fear 4%  4%  [ 4 ]
Desperation 13%  13%  [ 13 ]
Panic 3%  3%  [ 3 ]
Capitulation 24%  24%  [ 24 ]
Despondency 8%  8%  [ 8 ]
Depression 12%  12%  [ 12 ]
Hope 16%  16%  [ 16 ]
Relief 2%  2%  [ 2 ]
Total votes : 100
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 Post subject: Q3 2012 survey of Irish Market - Market cycle of emotions
PostPosted: Sun Jul 01, 2012 2:18 pm 
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Location: South of the Border (Down Mexico Way)
Previous polls: September 2007 | January 2008 | April 2008 | July 2008 | September 2008 | January 2009 | April 2009 | July 2009 | September 2009 | January 2010 | April 2010 | July 2010 | September 2010 | January 2011 | April 2011 | July 2011 | October 2011 | January 2012

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

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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Sun Jul 01, 2012 2:48 pm 
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Too Big to Fail

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Needs entry for "False hope"


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Sun Jul 01, 2012 3:16 pm 
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Of Systemic Importance
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The Irish establishment has proceeded directly from Denial to Hope. Reality is somewhere in between.


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Sun Jul 01, 2012 7:53 pm 
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could we add a category for "Hopeless optimism" ? I hate to select Hope as it would seem I am be suggesting us further along than we really are.


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Sun Jul 01, 2012 8:39 pm 
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Impressive shift in perceived emotion with only 20 votes in.

Roll on the database

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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 12:42 am 
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Capitulation - the act of surrendering or yielding

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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 8:26 am 
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At this point, anyone who clicked Denial is involved in a spot of projectionism.

I think we need a 'light at the end of the tunnel' option shoehorned in there somewhere


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 8:54 am 
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For me, all the recent talk of market bottoms and recovery smacks of Desperation.

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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 9:00 am 
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flash wrote:
For me, all the recent talk of market bottoms and recovery smacks of Desperation.


Interesting. With panic just around the corner if/when the index starts dropping into the winter?

My head is inclined to agree with you.

My something else is starting to panic that we're at the bottom.


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 9:00 am 
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Be interesting to see a rural/urban split in this poll definitely now at the time that the market is very differnet where you are located.


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 12:44 pm 
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flash wrote:
For me, all the recent talk of market bottoms and recovery smacks of Desperation.


Agree. One final big concerted effort a la "Battle of the Bulge"!


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 12:56 pm 
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flash wrote:
For me, all the recent talk of market bottoms and recovery smacks of Desperation.


To the observer perhaps. But the key about the emotion is not who's seeing it, but who's feeling it. I think there probably is a lot of genuine "hope" out there. Not people who feel desperate, but who actually do think that things are on the turn.

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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 2:04 pm 
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Yeah we've rapidly gone from 5 years of Denial to a mix of Hope and Relief.

We'll probably keep bouncing back and forward between those two states for another 5 years.

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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 10:31 pm 
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flash wrote:
For me, all the recent talk of market bottoms and recovery smacks of Desperation.



Interesting take.

I don't know. Denial, Fear and Flash's spin on Desperation all make sense. Price database, the insolvency legislation and the Budget will all have big effect...so we'll know better by, sigh, next Spring selling season.


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 Post subject: Re: Q3 2012 survey of Irish Market - Market cycle of emotion
PostPosted: Mon Jul 02, 2012 10:49 pm 
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Location: Dublin
Went for Desperation as people selling now are only those that have to. Could just as easily be Capitulation though. I think government measures could/will blunt some of the points on this chart so a bit hard to pinpoint exactly where we are on it now.

Could be some panic for SCD buyers who aren't seeing the number of properties for the prices they expect come on to the market :x

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