Conversely, rising real estate prices feed into consumer inflation through what economists call “real wealth effect.”
反过来，房地产价格的上涨又拉动了消费物价上涨，这就是经济学家所说的“房地产财富效应”。
In the meantime, the "dual ratchet effect" of consumer demand and price level triggers stable rise in real consumer demand, and the "wealth effect" strengthens the trend.
同时，消费需求与物价水平的“双棘轮效应”促使实际消费需求稳步增长，“财富效应”强化了消费需求增长趋势。
Exchange rate disequilibrium and adjustment will affect the price of real estate by liquidity effect, expectation effect, wealth effect, spill-over effect, and credit expansion or depression effect.
汇率失衡及其调整，通过流动性效应、预期效应、财富效应、溢出效应以及信贷扩张或收缩效应等影响房地产价格。
Hence China's real estate market may have a significant wealth effect, and changes of real estate prices may affect consumption.
因此，中国房地产市场有可能存在着显著的财富效应，并且房地产价格变动可能影响居民消费。
Abstract: Theory suggests that real estate market can affect consumers through wealth effect mechanisms.
[摘要]理论表明，房地产市场通过财富效应机制影响居民消费。
Abstract: Theory suggests that real estate market can affect consumers through wealth effect mechanisms.
[摘要]理论表明，房地产市场通过财富效应机制影响居民消费。
应用推荐