In the property market today in UK, is not immune to this superstition, according to Search Acumen,the property data and technology provider.. Research states, there seems to be a trend, showing a double digit drop in residential sales, when it's Friday the 13th.
by Victor Cherubim
Remember, remember the Fifth of November, is a saying every child knows in England.
It is Guy Fawkes or Bonfire Night. It is a day of celebration,in a sense or in essence, a day of victory over evil.
But, there is a feeling of unease, a disquiet about the Thirteenth day of any month,if it falls on a Friday.
The 13th day of the month in the Gregorian calendar falls on a Friday, which happens at least once every year, but can occur up to three times,in the same year.
But,in 2019,there are two such days in the months of September and December and just one occurrence each in the years 2021 and 2022.
This irrational fear of the number 13 surrounds the day of the Crucifixion and the number of the disciples at the Last Supper.
Besides,Fridays have in recent times been considered an unlucky day in Western superstition to undertake journeys or begin new projects at least since the 14th Century,as witnessed by Chaucer's "Canterbury Tales."
In more recent times, the publication in 1907 of Thomas W.Lawson's popular novel "Friday the 13th" contributed to the dissemination of the superstition.In the novel,an unscrupulous broker takes advantage of the superstition to create a Wall Street panic on Friday the 13th.
Nobody knows or can fully explain when or why Friday the Thirteenth, is not like any other day in the month's calendar. There is the superstition that has continued perhaps,from pagan times and much has been spoken and written,but not fully explained.
That's weird?
In the property market today in UK, is not immune to this superstition, according to Search Acumen,the property data and technology provider.. Research states,there seems to be a trend, showing a double digit drop in residential sales, when it's Friday the 13th.
To qualify this data, HM Land Registry data shows that the average Friday workload for conveyance produces 9,394 residential property purchases completed, while whenever Friday falls on the 13th day of the month,typically only 5,733 home purchases are completed, or a 39% comparable drop.
With the challenge of finalising paperwork on time and safely transferring life changing sums of money, buyers with a superstitious nature might be forgiven for feeling that it is tempting fate to schedule completion on this "notorious date."
Property transactions and other forms of trading can feel frustrating,time-consuming and scary at the best of times,but it is the hope that with the first global block chain trial for property transaction, we see first hand how new technologies are emerging to improve security and transparency within the property buying process.
How to overcome superstition?
Even if you don't consider yourself particularly superstitious,you probably by habit may say "bless you" when someone sneezes,as our ancestors of old once did.
Superstition also explains why many buildings do not have a 13th floor, whilst some Airlines, such as Lufthansa and Air France don't have a 13th row.
Although there is no single definition of superstition, it generally means belief in the supernatural forces which defy current scientific wisdom.
Will new technology and innovation change superstition is anybody's guess.
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