原帖由 WST 于 2007-6-15 21:45 发表 4 @! O7 l/ X% {5 U4 _# f1 o3 M1 h0 k% G
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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. & _8 k. H* I5 r" n% | 0 [, @6 s+ y8 O; ~0 q" ]The risks to the current market: ' n1 s6 J' N3 Q1) Mortgage rates go up # [7 g& d' V" |' |2) Oil price dropps F# v: v0 w4 @1 w2 C* R6 L3) Less influx 3 s- t; ~6 }" \. R/ G' b4) Speculators quit