华尔街的赚钱经 第22期:美国买房正当时(2)

 　　Homes were much cheaper, say, as recently as the 1970s.

　　比如在七十年代，住房价格要便宜得多。

　　Furthermore: the bigger the bubble, the bigger the bust¹. Considering how sharply home prices climbed from 2002 to 2006, one might expect real estate to end up really, really cheap before bottoming out. And you wouldn't expect a quick rebound² either. Japan still hasn't recovered from 1989.

　　此外，泡沫越大，破裂时的破坏也越大。 看看2002-2006年房价的攀升速度吧，人们会预计房地产最终触底前会非常、非常便宣。而且你也不要指望能够迅速出现回升。日本到现在也没从 1989年的泡沫破裂中恢复过来。

　　美国房产.jpgBut if you are thinking of buying a home, here's the more positive news: While overall market averages may not be as cheap as you might have expected,但是，如果你在考虑购买住房，这里有一个较激励人的消息：虽然总体市场平均水平或许并不像期望的那么便宜，you can probably ignore them.

　　但你可以忽略它。

　　There are plenty of deals taking place far below the official average levels. The indices are masking a huge disparity in prices.

　　有大量交易是以远低于官方平均水平的价格成交的。房价指数掩盖了具体价格上的巨大差异。

　　Even the National Association of Realtors concedes distressed³ sales including foreclosures and short sales are closing about 20% below "normal" market rates.

　　就连全美房地产协会(National Association of Realtors)也承认，廉价销售一一包括止赎房和债务减免房销售一一的销售价格比“正常”市价低约20%。

　　Aggressive buyers are finding some simply terrific deals. And they're paying with cheap debt, too.

　　大胆的买家发现了一些好得不得了的交易。而且，他们是以低成本的借款支付房款。违约率在上升。许多卖家都是被迫的。

　　Default rates are rising. Lots of sellers are forced.

　　违约率在上升。许多卖家是被迫的。

1 bust   

vt.打破；vi.爆裂；n.半身像；胸部

参考例句：

• I dropped my camera on the pavement and bust it. 我把照相机掉在人行道上摔坏了。
• She has worked up a lump of clay into a bust.她把一块黏土精心制作成一个半身像。

2 rebound   

v.弹回；n.弹回，跳回

参考例句：

• The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
• Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。

3 distressed   

痛苦的

参考例句：

• He was too distressed and confused to answer their questions. 他非常苦恼而困惑，无法回答他们的问题。
• The news of his death distressed us greatly. 他逝世的消息使我们极为悲痛。