原帖由 WST 于 2007-6-15 21:45 发表 2 }: q$ a" w! \3 v% V) p " m; O: J& V/ e. @, u$ ?; M) L% m9 s
同意dgg的观点, 对于affordability,我补充一下。Affordability 主要是以房价和收入比来衡量。通常,收入以税前的工资为标准。这种算法实际上比较片面,特别是对爱城,因为很多家庭的被动收入(房地产,股票 ...
; ] J7 {( q" l; Y7 f& Z! J2 |This is a good explanation to how real estate bubble forms. The market feeds itself to push the prices up, but eventually it will reach turning point, and the bubble bursts.1 e* c5 X6 D4 _) T/ i
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The risks to the current market: 6 ?1 u! t2 ]& ?9 @ Y \/ O1) Mortgage rates go up7 }' p! G+ m- v( V2 c/ o
2) Oil price dropps1 y2 t! @7 J: i
3) Less influx % D i/ Y: F" |# i4 ~/ G2 J4) Speculators quit