首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The housing market has been for two years propping up consumers’ spirits while the rest of the economy lies exhausted on the flo
The housing market has been for two years propping up consumers’ spirits while the rest of the economy lies exhausted on the flo
admin
2013-01-22
38
问题
The housing market has been for two years propping up consumers’ spirits while the rest of the economy lies exhausted on the floor, still trying to struggle to its feet According to the National Association of Realtors, the national median existing-home price ended the year at $ 164, 000, up 7.1 percent from 2001. That’s the strongest annual increase since 1980.
Although residential real estate activity makes up less than 8% of total U. S. GDP, a housing market like this one can make the difference between positive and negative growth. Most significantly, consumer spending is 66% of GDP, and the purchase of a new home tends to have an "umbrella effect" on the homeowner’s spending as he has to stock it with a washer/dryer, a new big-screen TV, and maybe a swing set for the yard.
The main factor in housing’s continued strength is a classic economic example of zero-sum boom: the persistent weakness everywhere else. As the 2003 recovery continues to be more forecast than reality. Falling stock prices raised investor appeal for U. S. Treasury Bonds, which in turn, allowed most interest rates to drift even lower. But there are not many signs that there’s a bubble ready to burst
December’s new record in housing starts, for example, was nicely matched by the new record in new home sales. If you build it, they will buy and even if an economic pickup starts to reduce housing’s relative attractiveness, there’s no reason why modest economic growth and improved consumer mood can’t help sustaining housing’s strength. "The momentum gained from low mortgage interest rates will carry strong home sales into 2003, with an improving economy offsetting modestly higher mortgage interest rates as the year progresses, " said David Lereah, chief economist at the National Association of Realtors.
Just as housing has taken up much of the economic slack for the past two years, both as a comforting investment for fretting consumers and a driver of consumer spending itself, a big bump elsewhere in the e-conomy in 2003 could be housing’s downfall. If stocks roar back this spring, capital inflows could steal from the bond market, pushing up long-term interest rates. Or Alan Greenspan and the Fed could do the same to short-term rates, as a way to hit the brakes on a recovery that is heating up too fast In other words, if everything possible goes wrong for housing, homeowners should have plenty to compensate them in terms of job security and income hikes.
What is the writer’s attitude toward future housing market?
选项
A、Carefree.
B、Optimistic.
C、Composed.
D、Gloomy.
答案
D
解析
题干问:“作者对于将来房产市场的态度是……”。从全文的最后一段可看出作者对于房产市场的前景是悲观的,故选项D“悲观”为正确选项。而选项A“无忧无虑”,选项B“乐观”和选项C“镇静的”都不是作者在最后一段以及全文的对将来房产的态度所在。
转载请注明原文地址:https://kaotiyun.com/show/Rn1O777K
0
考博英语
相关试题推荐
Americanstodaydon’tplaceaveryhighvalueonintellect.Ourheroesareathletes,entertainers,andentrepreneurs,notscholars.E
Beingcolour-blind,Sallycan’tmakea_____betweenredandgreen.
democracyimaginationdifferentflexibilityovercomeonlineoffertraditionalmodernreg
Thepopulationinlastareawasgrowingrapidly.Needlesstosay,thehousingproblemtherecriedoutforimmediatesolution.
A______ofthelongreportbythebudgetcommitteewassubmittedtothemayorforapproval.
Interracialmarriagesandrelationshipshavebecomeincreasinglyacceptedandencouragedbysociety.Sincethe1967legalization
Inadditiontoredistributingincomes,inflationmayaffectthetotalrealincomeandproductionofthecommunity.Anincreasein
56.Whenyouareinthebusinessofsendingspacecrafttootherplanets,itisprobablywisetodoeverythingyoucanmkeepyo
WhatMakesa"MillennialMind"?(1)Since1000AD,around30billionpeoplehavebeenbornonourplanet.Thevastmajorityh
ManyadvocatesofauniversalhealthcaresystemintheUnitedStateslooktoCanadafortheirmodel.WhiletheCanadianhealthca
随机试题
课程的特点在于动手“做”,在于手脑并用,以获得直接经验,这种课程类型属于()。
______是公司为实现目标利润(没有特殊说明均指息税前利润)而综合调整其经营活动的规模和水平的一种预测活动。是公司编制期间费用预算的基础,______是其最主要的分析方法。
混合所有制经济中的国有成分和集体成分属于
患者男性,43岁,活动多时常出现右腰部钝痛。尿常规检查:红细胞15~20个/HP,白细胞3~5个/HP。B超:右肾盂内可见3cm×2cm不规则形强回声,伴声影。合适的治疗是
A.何首乌B.丹参C.紫草D.决明子E.芦荟主含萘醌类,具有抗肿瘤、抗炎和抗菌活性的中药()
原始凭证一般是由会计人员取得和填制的。()
某日,某公司有甲、乙、丙、丁四个客户,其保证金占用及客户权益数据分别如下:甲:213240;225560乙:5156000;644000丙:4766350;5779900丁:356700;356600则()客户将收到《追加保证金通知书》。
外汇、货币黄金列入货币当局资产负债表的()。
联合国秘书长安东尼奥·古特雷斯在2020年新年致辞中指出,我们带着不确定性和不安全感进入2020年。面对当前国际形势的不稳定性和不确定性,人类面临的全球性挑战更加严峻。但是,我们也要看到青年就是当今世界的希望。作为新时代的青年人,请谈谈你的看法。
TheEU’sclimatechiefisseekingtoextendthebloc’srenewableenergytargets,inamoveapparentlydesignedtoprotectthegr
最新回复
(
0
)