05.08.08
Posted in Chinese (中文), Economics, USA at 12:14 pm by ryan
Interesting piece in the Economist: American housing - Map of misery. Can’t say I care too much, but it does define the relationships between rents and mortgages in more eloquent economic terms that I have 
A better measure of housing fundamentals is the relationship between house prices and rents. This is a sort of price/earnings ratio for the housing market: the price of a house reflects the discounted value of future ownership, either as rental income or as rent saved by an owner who lives in the house.
—Chinese Version—
衡量关于房地产的基础经济情况：房价和租金的关系。你可以理解这个比例有点像股票的市盈率：一套房子所有权的价格表示贴现值的未来所有权。这个所有权代表房子可以赚的租金或者这个房东可以节约的房租。
当然，你还要考虑：
－利息的比例
－通货膨胀的比例
－其他的因素
但是可以用这个比例来判断这段时间是否适合买房。
And in case you were curious about that map…
UPDATED: 2008/05/15 - Added Chinese Translation and Considerations…
Permalink
Posted in Chinese (中文), Economics, USA at 12:14 pm by ryan
Interesting piece in the Economist: American housing - Map of misery. Can’t say I care too much, but it does define the relationships between rents and mortgages in more eloquent economic terms that I have
A better measure of housing fundamentals is the relationship between house prices and rents. This is a sort of price/earnings ratio for the housing market: the price of a house reflects the discounted value of future ownership, either as rental income or as rent saved by an owner who lives in the house.
—Chinese Version—
衡量关于房地产的基础经济情况：房价和租金的关系。你可以理解这个比例有点像股票的市盈率：一套房子所有权的价格表示贴现值的未来所有权。这个所有权代表房子可以赚的租金或者这个房东可以节约的房租。
当然，你还要考虑：
－利息的比例
－通货膨胀的比例
－其他的因素
但是可以用这个比例来判断这段时间是否适合买房。
And in case you were curious about that map…
UPDATED: 2008/05/15 - Added Chinese Translation and Considerations…
Permalink
Jake Boyd said,
May 14, 2008 at 3:59 pm
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