"The housing market is not as crazy as it seems," said Huang Tao from Centaline Property Agency.
中原地产代理商黄涛说,“房屋市场是不是看起来疯了。”
If Chao Po-tao, the famous bull, sells, the small-fry holders will panic and rush to sell out. Then, of course, when people see the market is falling, a lot of new bears will be coming on the scene.
老赵是有名的大户多头,他一出笼,散户多头就更加恐慌,拚命要脱手了,而且一定还有许多新空头会乘势跳落。
Across the country as a whole, home prices are nine times the average income of urban households. But China's property market does not yet serve the average household, as Tao Wang of UBS points out.
瑞士综合银行的王涛提出,纵览全国,房价是城市家庭人均总收入的9倍,然而中国房市还未能支撑人均家庭需求。
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