9 G( V V' t6 s5 {5 m3 s; } ! K* r, V/ m) }9 W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 ...
9 x# d3 Q5 M4 E. v# H$ Q* B$ uThis 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.- S; A i- ~% k: }
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The risks to the current market:% q6 y6 M0 V! x! f2 }# V- t
1) Mortgage rates go up# y/ B3 m% p. a" t6 a
2) Oil price dropps1 N3 `: h' b* E+ S8 p P* r
3) Less influx. c, M5 ? B5 ~ t; o, X! e$ l
4) Speculators quit