耶鲁基金是怎样应对房价下跌的？
How has Yale's endowment dealt with the falling house prices?
抵押贷款利率高企并非房价下跌的主要原因。
High mortgage rates are not the primary reason why house prices are falling.
很多建筑工人都失去了工作，房价下跌了50%甚至更多。
Workers at many building sites across the city have lost their jobs. Property prices have fallen by 50% or more.
经济学家者热衷于讨论房价下跌和次级债危机会造成何种损失。
Economists are arguing vigorously about how much damage falling house prices and the subprime mortgage crisis will do.
信贷紧缩会加剧房市萧条，房价下跌则可能进一步拖垮消费。
A credit squeeze will aggravate the housing bust and falling house prices could drag spending down further.
更低的利率可能无法阻止房价下跌，也无法阻止银行严格他们的贷款标准。
Lower interest rates may not stop house prices falling, nor will they prevent Banks from tightening their lending standards.
房价下跌需要时间，但是，这个过程一旦开始，很快就能形成自己的动能。
It takes time for house prices to fall, but when the process starts, it can quickly build its own momentum.
房价下跌了20%至30%，使许多人的房屋价值只有抵押贷款额的一半。
House prices are down 20 to 30 per cent, leaving many with houses worth only half the mortgage.
相比之下，美国20个大城市的房价下跌尤甚，并一直力图追赶(见图表)。
Home prices in 20 big American cities, by contrast, fell farther and have struggled to make up ground (see chart).
房价下跌和房租上涨意味着又有23%的调查员认为同期收益增加而不是降低。
Falling prices and rising rents meant that 23% more surveyors have seen yields rise than fall over the same period.
房价下跌可能迫使更多住房拥有者的房子被没收，这是大多数市场最不需要的。
Falling prices could drive more homeowners into foreclosure, which is the last thing most markets need.
如果房价下跌并且美国经济增长下降很多，生产者就会发现对油的需求会急剧下降。
If house prices drop and if America's economy slows sharply, then producers may find demand for oil sinking fast too.
人均生产总值急剧下降，失业问题开始凸显，房价下跌并伴随着通货膨胀率的上升。
GDP growth has slowed sharply, unemployment has shot up, house prices are falling and inflation has risen.
这一指数是由报告价格上涨的测量师比例减去报导房价下跌的测量师比例所得出的。
The price balance is calculated by subtracting the percentage of surveyors reporting falling prices from those reporting rises.
未来一段时间内，爱尔兰和西班牙的房屋供给过剩很可能使当地房价下跌。
Big supply gluts in Ireland and Spain are likely to push down house prices there for some time to come.
在利率上升(或者房价下跌)时，住房抵押债券折价销售，这对债券持有人大有裨益。
This is useful if a rise in interest rates (or a fall in house prices) causes mortgage-backed bonds to trade at a discount.
美国房市的不景气也许接近于全球水平，但一些国家房价下跌的速度却令人难以置信。
America's housing bust may be close to the global average but the declines in some countries are mind-boggling.
美国房价下跌之惨，以至于五分之一的家庭手中房屋的价值还无法抵偿房贷。
House prices in America have fallen so far that as many as one in five households have mortgage debt greater than the value of their homes.
截止到本年第二季度，英国的房价下跌约11%，略微高于2003年第三季度的水平。
In Britain prices fell by around 11% in the year to the second quarter of this year but are still slightly higher than in the third quarter of 2003.
较高的股票价格能够增加家庭的财富，这将会刺激消费并会抵消房价下跌的损失。
Higher stock prices have raised household wealth, which should spur spending and offset some of the damage of lower home values.
房价上涨时此举还好，但房价下跌时就会暴露银行的收支平衡会变得多么不堪一击。
This was fine while house prices were rising, but the fall exposed how vulnerable Banks' balance sheets had become.
根据一家评级机构标准普尔投资者服务公司的统计数据，二月份美国房价下跌的速度稍稍放缓。
The pace of decline in American house prices slowed slightly in February, according to Standard & Poor’s, a rating agency.
而实际情况也是，房价下跌，消费者就会失去信心，就业率和经济增也也会受到影响。
And indeed when house prices sag consumers tend to lose confidence, which affects growth and jobs.
在本轮危机中，随着房价下跌，买入大量复杂抵押贷款相关证券的机构发现自己面临着巨额损失。
In this crisis, institutions that bought up buckets of complex mortgage-linked securities found themselves facing huge losses as house prices fell.
在本轮危机中，随着房价下跌，买入大量复杂抵押贷款相关证券的机构发现自己面临着巨额损失。
In this crisis, institutions that bought up buckets of complex mortgage-linked securities found themselves facing huge losses as house prices fell.
应用推荐