Saturday, 15 December 2012

Do Reality TV shows like Towie Really have an effect on The Housing Market?

Written by
Rate this item
(0 votes)
Rightmove has identified a 'TOWIE Effect' on places where reality shows are based, so-called as The Only Way Is Essex has tarnished its filming location the most.
Around half (48%) of the UK state they now view Brentwood in Essex as being 'less desirable' as a direct result of seeing Mark, Arg, Amy, Joey and co. on the hit ITV show. Only 11% of those surveyed felt TOWIE had made Brentwood more desirable, with 15% claiming it had no effect and 24% stating they didn't know about the show.

Rightmove surveyed 4,280 home-movers from across the country on whether their perception of Brentwood (The Only Way Is Essex), Chelsea (Made In Chelsea), Newcastle (Geordie Shore) and Cardiff (The Valleys) had been altered by their respective shows.

Rightmove director and housing market analyst Miles Shipside comments:

"Even though these programmes deliberately set out to show extremes, it is interesting how viewers' judgements of each location are being influenced. It appears that light-hearted stereotypes can lead to a sweeping opinion of what a place is really like. These views are possibly wide of the mark, but could have a lasting impression on how the locations are now perceived and give their relative tourist boards a real headache."

A third (33%) of Brits felt Made In Chelsea had made the prime central London area of Chelsea a less desirable location. Only 12% stated they now view the places where they see Hugo, Spencer and co. on their screens as more desirable, with 1 in 5 (21%) believing Made In Chelsea has had no effect and 35% either unaware of the show or didn't know.

In the case of Geordie Shore and The Valleys, Rightmove found that local respondents were far more sensitive to the impact that the shows were having on their respective cities. 55% of people in the North East feel Geordie Shore was having a 'TOWIE Effect' on Newcastle making it a less desirable location, whereas across the country only 38% shared this view. In Wales, 40% of respondents felt Cardiff had become a TOWIE Effect sufferer as a result of The Valleys' appearance on UK screens, yet at a national level only 30% felt this way.