This can make a big difference to local prices.

这可以使它获得与当地的悬殊价差。

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Recent studies of New York and Cleveland find that, if lenders foreclose on 3-4% of properties in an area, local prices fall even faster and further than average.

纽约和克利夫兰的最新研究发现，如果某一地区的贷方取消3至4%的房产赎回权，那么当地房价下滑态势甚至较平常更快的进一步走软。

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The local tier represents customers who are happy with less sophisticated and often lower-quality products and services but offered at local prices that are considerably cheaper than global prices.

“本土层次”的代表则是那些中意于不太精致，品质往往较低，但价格相比全球水平更为廉价的商品与服务的消费者。

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"So when foreign companies start negotiating with local Chinese suppliers, they really press hard on the prices offered by those Chinese suppliers."

VOA: special.2010.06.18

Then they sell their catch at prices too low for the local fishing industry to compete.

VOA: special.2009.12.08

"And that is why we are always looking at the impact of food aid on local markets and whether it is depressing prices in local markets."

VOA: standard.2010.04.29

Local prices may be distorted by trade barriers on beef, sales taxes, or big differences in the cost of property rents.

ECONOMIST: Economics focus: The Big Mac index

Local prices differ based on factors like vehicle population, which drives demand, and proximity to oil refineries, which affects distribution costs.

FORBES: Magazine Article

Because it takes virtually all residential property sales into account, the Land Registry's figures can provide a unique insight into not only national but local prices.

BBC: House price surveys explained