原帖由 WST 于 2007-6-15 21:45 发表 4 f! P- H1 j' ~" _+ H3 Y) K }# J2 f7 G& X( S2 J5 }
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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 ...
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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.: Q# u- r6 W1 P* ~9 R0 ^! P' |. c
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The risks to the current market:* _6 }4 c4 b( Z0 m
1) Mortgage rates go up' Y1 |7 {! _+ `" D" T0 f# Z/ D' g
2) Oil price dropps 3 x/ q- m9 C+ U. C9 l3) Less influx6 f2 \$ b; J' e8 F
4) Speculators quit