Of the 6.5 million people a day who visit sites as such as Rightmove and Zoopla, it has been revealed that 50% don’t have the ability to purchase the homes they look at.
According to research by Strata Homes:
61% admitted they were searching for their dream home
33% said it inspired them to work harder and save money
30% are envious of how the other half live
44% have no intention of moving home
70% of those in the study spend more than 30minutes per week on Rightmove
50% say they consider property hunting a hobby
1.3 million or one fifth are sell proclaimed ‘property addicts’
So why spend time looking at houses you won’t buy? It seems a large proportion of the population are doing so, I believe it is a combination of looking for inspiration for their own home, perhaps looking for interior design ideas? Others will be weighting up what their current home may be worth, it makes us feel good to imagine how much someone might pay for our property. Then there is just curiosity, it is so easy and anonymous to look inside other people’s lives and it is interesting to see how people live and how this might compare to our own homes. Of course, a portion of those searching are looking to buy a new home, but will often wander into the higher value properties, just to see what they could purchase if they had an extra £50,000 – £100,000.