
" For some people, the rush of a great deall trumps practical considerations."
The siren song of the present real state market, for some individuals, is very hard to resist and for some people, it's just impossible.
They become, over time "serial property bargain hunters!"
In a 2006 study in the American Journal of Psychiatry a large part of "bargain hunters," are >"bargain addicts "and for these people what they buy, is not as important as how much a an item or property has been reduced.
Tim Kasser, an assistant professor of psychology at Knox Collage in Illinois says that "these out-of-control lookers or pretend shoppers" ease their insecurities and feel more competent and in control."
In some individuals, the process of bargain hunting, is one way of either seeking some sort of power or even social or business like respect.
In others , wishful thinking becomes an obsession, and they continue to seek the impossible dream. It's true compulsive-obsessive out-of-control behavior, much like gambling addiction. These people truly feel, in some way, they can "beat the house," or " beat the market."
In another study in the Journal of Social Economics entitle, Money obsession, social adjustment and economic risk perception are all linked.
Social adjustment is linked to "risk perception," in more ways than previously thought.
"There are certain important reasons to examine their relation between money obsession and social adjustment on one hand, and economic risk perception on the other hand. The manner in which we integrate ourselves socially partly depends on our inner personal abilities and previous life experiences."
Another study indicates that obsessive bargain hunters are more interested " in the process, or in the chase of a deal-steal , rather than in the outcome."
Some house bargain hunters usually have an excess of time and energy. They often do not place any value on their own time, or on the value of the time, and efforts, of others. Still for many others, the process in it-self becomes "play acting."
A psychologist-friend I talked with believes that in some certain individuals, the "obsessive bargain hunter-addict", is exhibiting strong symptoms of a deeper psychological problem(s) or inner psychological conflicts. It's can be both a cry for help and attention.
He ended by saying, Constantly making exceedingly 'insulting' "low offers" may be an indication of sadistic tendencies.
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