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Real Estate Bubble Survey Results

REM #I675

By Ilyce R. Glink

Summary: Our ThinkGlink.com Real Estate Bubble Survey gathered consumer opinions on the housing bubble.

ThinkGlink.com recently sent a Real Estate Bubble Survey to 4,000 consumers. We had 475 responses, and the summary results for the ThinkGlink.com Real Estate Bubble Survey are quite interesting. Here are the survey results. This survey was conducted in November 2005 and closed on November 30, 2005.

Question 1. Is there a real estate bubble?

 

 

Response Percent

Response Total

Yes
No
 

 
 
 

66.3%
33.7%
 

315
160
475

Question 2. If you think there is a real estate bubble, when do you think the bubble will burst?

 

 

Response Percent

Response Total

Within one month
Within three months
Within six months
Within one year
It'll be here for at least a year
 

 
 
 
 
 
 

0.7%
5.6%
11.8%
40.7%
41.3%
 

2
17
36
124
126
305

Question 3. What effect do you think a real estate bubble burst would have on the economy?

 

 

Response Percent

Response Total

No effect
Mild negative effect
Massive negative effect
It will be good for the economy
 

 
 
 
 
 

1%
57.6%
24.6%
16.8%
 

3
171
73
50
297

Question 4. Do you agree or disagree with this statement?

People shouldn't talk about a real estate bubble because the more they talk about it, the more likely there will be panic selling that will lower property values, and it will create a self-fulfilling prophecy.

 

 

Response Percent

Response Total

Agree
Disagree
 

 
 
 

44.7%
55.3%
 

203
251
454

Question 5. Tell me what you think about the real estate bubble. I'm eager to hear your opinions.

You can view comments from those who believe there is a real estate bubble and comments from those who don't believe there is a real estate bubble.

 

 

 

 

NOTE: This column is distributed by Real Estate Matters Syndicate, PO Box 366, Glencoe, Illinois, 60022. This column may not be resold, reprinted, resyndicated or redistributed without written permission from the publisher.

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Ilyce
Ilyce

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