原帖由 WST 于 2007-6-15 21:45 发表 0 d; {; r* {2 ^9 [) A
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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 ...
+ U3 O3 M) |; e) G( b% p/ PThis 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.& Z5 w+ s. x# e9 q" ]
/ ?0 B5 C. U% z4 B8 I+ l5 KThe risks to the current market:" n0 V, A& O0 C' ^( T
1) Mortgage rates go up # y9 S5 S4 a! a2 q8 j( j1 i2) Oil price dropps- l% h. p6 }$ T7 D* o) ^
3) Less influx3 j/ J6 g2 r: W" n
4) Speculators quit