Q4 2012 survey of Irish Market - Market cycle of emotions

Public emotional response to house market

  • Optimism
  • Excitement
  • Thrill
  • Euphoria
  • Anxiety
  • Denial
  • Fear
  • Desperation
  • Panic
  • Capitulation
  • Despondency
  • Depression
  • Hope
  • Relief

0 voters

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 | July 2012

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

capitulation at this stage. 25% more to go at the price setting margins. Still loads and loads of denial for all to see. You don’t have to go far. But all those in denial are not the market makers, and have been irrelevant for some time now.

The game is up with the introduction of a property price register now. No escaping the hard nosed reality.

Between despondency and depression.

Still oscillating between Denial and Fear. Same as it’s been for 5 years.

We have definately moved on from fear.

The wider public is not fearful of a fall in house prices, you would be very pushed to find somone who denies prices fell or that we are in the midst of the biggest et house price crash in the state. There is no hope for our economy. The recent KBC sentiment index is down whic supports this assertion.

I think we are closer to Dispondency / Capitulation. People want this to be the bottom if prices resume a significant downward trend we will go to depression.

You ain’t around much nowadays Sidey. :slight_smile: make it capitulation.

Yeah i think i agree with this

A lot of people are seeing the increased activity as the final battle, all in. If this is a dead cat bounce a lot of people will throw in the towel


When you put it that way, I’d agree with that too.

Remarkably accurate WGU !

I expected more than one Euphoria’s