翻譯碩士經(jīng)濟(jì)學(xué)人資料房?jī)r(jià)

1、翻譯碩士經(jīng)濟(jì)學(xué)人資料：房?jī)r(jià)翻譯碩士經(jīng)濟(jì)學(xué)人資料：房?jī)r(jià)FROMAuckltoAmsterdamSydneytoSanFranciscohousepricesinthebestlocationshavegonethroughtheroof.TheEconomist’snewhousepriceindexcovers22ofthewld’smostvibrantcities(seetable).Theyarehometo163mpeoplew

2、ithaneconomicoutputequaltoGermanyJapancombined.Theaveragepriceofahomeinthesecitiesroseby34%inrealtermsoverthepastfiveyears.Insevencitiesitrosebymethanhalf.從奧克蘭到阿姆斯特丹，從悉尼到舊金山，黃金地帶的房?jī)r(jià)已經(jīng)一飛沖天。本刊最新的房?jī)r(jià)指數(shù)追蹤了全球最具活力的22個(gè)城市。這些城市共有1

3、.63億居民，經(jīng)濟(jì)產(chǎn)出相當(dāng)于德國(guó)和日本的總和。過去五年里，這些城市的平均房?jī)r(jià)實(shí)際增長(zhǎng)了34%，其中七個(gè)城市的漲幅超過50%。Someofthisisareboundfromtheglobalfinancialcrisiswhichstartedwithahousingbust.Pricesinourcitiesfellbyanaverageof22%inrealtermspeaktotrough—inDublinby62%inSanFr

4、anciscoby42%.Buttheyhavesincerisenbyanaverageof56%inrealtermslongrunthantherevenueapropertycouldgeneratetheearningsthatservicemtgagestheymaybeunsustainable.atleastincomesrentswilleventuallyhavetorise.為判斷房?jī)r(jià)反映的是基本面還是泡沫，本刊將

5、房?jī)r(jià)與兩個(gè)指標(biāo)——房租以及家庭收入中位數(shù)——做比較。如果從長(zhǎng)遠(yuǎn)來看，房?jī)r(jià)增速快于房產(chǎn)可創(chuàng)造出的收入或用來償還按揭的家庭收入的增速，那么這樣的房?jī)r(jià)也許就不可持續(xù)?；蛘?，至少收入或房租最終必須上漲。Takingtheaverageratiooverthepast20years(meifdataexist)as“fairvalue”nationalhousepricesinAustraliaCanadaNewZealhavebeenmetha

6、n20%abovefairvaluecomparedwithincome30%abovefairvaluecomparedwithrentsfthepastthreeyears.Theyhavenowhit40%abovefairvaluefbothmetrics.Datafrentsatthelevelofcitiesarelacking.Butcomparedwithlongrunmedianincomespricesappeare