Just as the worth of a share is determined by the present value of future earnings, house prices should reflect the expected value of benefits that come from home ownership.
股票价格由未来收益的现价决定，房价也同样应该反应业主对收益的期待价值。
Just as the worth of a share is determined by the present value of future earnings, house prices should reflect the expected value of benefits that come from home ownership.
股票价格由未来收益的现价决定，房价也同样应该反应业主对收益的期待价值。
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