It's just like if you buy a house and you buy - a lot of people are very leveraged now.
就像你买了栋房子,然后买了,很多人现在都处于负债中
So if you are going to buy like expensive painting for your house, it's kind of like,
所以就像你想给你家买很贵的油漆,这就像
They subtract this from the purchase price of the house and then you've got the cash to go and buy another house.
他们从售房价格里减去这个贷款余额,然后你就可以得到现金去买另一个房子
and get a great job, and buy a house, and meet a wonderful woman,
找一份好工作,买一套大房子,娶一个特别棒的妻子,
The other is I take a mortgage, I buy a house, I pay it off, I go into a heavy indebtedness but with a good rational reason and it all works out in the end.
另一种情况是,我分期贷款买了一套房子,我还清了贷款,却债台高筑,这样,于情于理都能说通,而且,最终无事一身轻。
If I were rich, I would buy a big house for my family.
要是我成了富人,就能给我的家人买一幢大房子了。
That's because, well, when you buy your first house you might be twenty-five, so thirty years brings you to age fifty-five; that's close enough to retirement.
这是因为,你可能在25岁时买第一套房子,当还清30年的贷款时你已经55岁了,都快退休了
In 1988, we asked people in Los Angeles, are you worried that unless I buy now I won't be able to afford a house in the future?
如果在1988年问洛杉矶居民,你担不担心,如果现在不买房,以后恐怕会买不起
What that means is that you would borrow $5,000 to buy a house and in five years and every year along the way you'd be paying interest on your mortgage.
它的意思是,你借了5000美元去买一所房子,期限是五年,在这五年内,每年你要归还抵押贷款的利息
If you buy a house and you don't pay the mortgage, the contract says you lose the house-- you're out--you've got to pay or it goes back to the mortgage originator.
如果你抵押贷款买房,却没有还房贷,贷款合同规定,你将被取消赎回权,失去房子,所以你必须偿还贷款,否则你的原始贷款人就会收回房子
Savings and Loans are the same as Building Societies, but the idea--the original idea and also the general idea today -is that these are banks set up for small savers in order that they can buy a house.
储贷协会和建房互助协会是一回事,其初衷以及现在的一般理念是,这些银行的建立是为了,让小额储蓄者买得起房子
just exactly a year ago--saying, the best time in at least ten years to buy a house.
在电视上说,一个持续10年的买房子的好时候。
Now today, the standard mortgage, which you would probably get when you buy your first house, is not fifteen or twenty--it's thirty years.
今天,标准的抵押贷款,当你买第一套房子时你或许就能得到,期限不是15或者20年,而是30年
They might put only 10% down on a house, so you buy a house for $300,000 and you put $30,000 down; that's an investment of $30,000 but it's highly risky because you are very leveraged when you only put 10% down.
他们也许只付了总房价的10%,若你买了30万的房子,但只交了3万,这是一笔3万元投资,但却是高风险的,只支付10%时,你的杠杆率就很高了
The idea was that a lot of people can't afford a house -let's all get together and pool our money -in a Building Society or Saving and Loan Association -and then we'll loan out to some of us to buy the house.
当初的想法是,很多人都买不起房子,那我们就把钱凑在一起,放到一个建房互助协会或储贷协会里,然后向我们中那些要买房的人发放贷款
When you buy a house, you borrow the money and you pay it back in fixed-- it would usually be monthly, but let's say annual payments.
当你买了一座房子,你贷了些款,然后你在一定的时间内偿还一部分,一般来说都是按月来算的,但是假设我们是按年支付的
When you first buy a house most of your payment is going to interest.
在贷款的初期,你偿还的主要是利息
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