‘13’ may be unlucky for some... but not if you’re househunting
IF you’re thinking of making an offer on that house you’ve been looking at for a while, today – Friday the 13th – is the day to do it.
Today’s date is considered by many to be one of the unluckiest days of the year.
However, new research shows there’ll be less hopeful house hunters making offers. Also, if it’s No.13, it’ll cost €4,000 less than an identical house next door.
Nearly one million listings on the daft.ie property website since 2006 were analysed, and the price difference was found to be 1.8% less for identical houses where one was No.13.
Trinity College economist Ronan Lyons, who crunched the numbers for the daft.ie report, said: ‘We often think of housing markets as being simply about cold laws of supply and demand.
‘But while these are the toplevel forces at work, there are lots of quirks of human behaviour that affect any individual property or transaction.
‘What’s interesting about this research is that our superstitions appear to affect not only prices, but also quantities – with fewer transactions on a Friday the 13th than other Fridays.’
Homes at No.13 are typically €4,335 cheaper than the averus age Irish property price of more than €240,000.
Friday the 13th has occurred 13 times since the Property Price Register began in January 2010, and on those days there are roughly 10% less sales than other Fridays.
This is normally the busiest day of the week for auctioneers as homebuyers will often make a bid before a weekend break.
The superstition does not stop there. Ronan Lyons also analysed people’s perceptions around house numbers and found that nearly one in five of would avoid buying a property at No.13.
Daft’s Martin Clancy, who was born on a Friday the 13th in April 1984, said: ‘We wanted to see if there was a connection between superstition around Friday the 13th and actual data.
‘The indication was that people are superstitious. It’s quite different answering a survey and what people will do in practice.
‘We also looked at the Property Price Register since it began in January 2010 and there have been 13 Friday the 13ths since then, which is creepy too.
‘Friday is generally the busiest day for transactions, but on those Friday the 13ths there were 10% fewer transactions.
‘So not only is it superstitious for Friday 13th as the day to buy, but the No.13... those houses sell for less as well, by roughly €4,500.
‘A very good way around it is to buy No.13 and then change the number to a name!
‘Hotels avoid having floor 13’
‘So for somebody not bothered by superstition it would make sense to buy the No.13. ‘It’s the same with hotels, they avoid having a floor 13 – some airlines avoid an aisle 13. ‘Superstition is alive and well, but I’m kind of invested in it because I was born on a Friday the 13th,’ he joked. christian. email@example.com