楼市泡沫是指房地产价格高于实际应有的市场价的现象,这种现象多半是由于片面追求房地产的高利润而被有意或无意的造成。
一个很有说服力的例子是,在楼市泡沫最盛、住房建筑股的估值达到疯狂水平的时候,多数建筑行业分析师都是看涨。
A case in point: At the peak of the housing bubble, when home-building stocks were at crazy valuations, most construction industry analysts were bullish.
随着延续了十年的楼市泡沫终于破灭,西班牙经济显著放缓,这促使西班牙打破欧洲传统模式,推出了美国式的经济刺激方案。
Spain, which is suffering a steep slowdown as a decade-long housing bubble bursts, has broken the European mold by embarking on a U. S. -style stimulus program.
对现状持批评态度的人士说,在楼市泡沫期间,这种发债公司付费的模式导致评级注水,在抵押贷款支持证券的评级问题上尤其严重。
Critics of the status quo say the 'issuer pay' model led to inflated ratings in the housing boom, particularly of securities backed by mortgages.
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