Qi Ji, China's vice-minister of housing and urban-rural development, told the Financial Times last week that house prices had reached levels that were “obviously too high”, particularly in large coastal cities.
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If share prices were obviously too high, investors would sell their holdings until prices fell to the correct level.
若股价明显虚高,投资者将抛售所持有股票,直至股价跌至正常水准。
That is obviously still too high.
显然,再犯案比例还是很高。
Obviously, some individuals borrow too much, and get caught in a spiral of high interest rate payments, bankruptcy, and insufficient assets as they age.
显然,一些人借钱过多,陷入高息支付的漩涡、破产或者年老后资产不足。
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