The Housing Committee has decided to give ______ to the young married couple with only one
A.preferment
B.priority
C.superiority
D.prestige
A.preferment
B.priority
C.superiority
D.prestige
第1题
(ii) Evaluate the relative advantages and disadvantages of Chen’s risk management committee being
non-executive rather than executive in nature. (7 marks)
第3题
A.spring up
B.spring out
C.spring off
D.spring away
第4题
The reporter found housing conditions in the ______ slums of the city appalling.
记者发现城市贫民窟里的住房拥挤程度是极为惊人的。
第8题
The postwar American housing style. largely reflected the Americans'______.
A.prosperity and growth
B.efficiency and practicality
C.restraint and confidence
D.pride and faithfulness
第11题
Although residential real estate activity makes up less than 8% of total U.S. GDP, a housing market like this one can make the difference between positive and negative growth. Most significantly, consumer spending is 66% of GDP, and the purchase of a new home tends to have an "umbrella effect" on the homeowner's spending as he has to stock it with a washer/ dryer, a new big-screen TV, and maybe a swing set for the yard.
The main factor in housing's continued strength is a classic economic example of zero-sum boom: the persistent weakness everywhere else. As the 2003 recovery continues to be more forecast than reality. Falling stock prices raised investor appeal for U.S. Treasury Bonds, which in turn, allowed most interest rates to drift even lower. But there are not many signs that there's a bubble ready to burst.
December's new record in housing starts, for example, was nicely matched by the new record in new home sales. If you build it, they will buy and even if an economic pickup starts to reduce housing's relative attractiveness, there's no reason why modest economic growth and improved consumer mood can't help sustaining housing's strength. "The momentum gained from low mortgage interest rates will carry strong home sales into 2003, with an improving economy offsetting modestly higher mortgage interest rates as the year progresses", said David Lereah, chief economist at the National Association of Realtors.
Just as housing has taken up much of the economic slack for the past two years, both as a comforting investment for fretting consumers and a driver of consumer spending itself, a big bump elsewhere in the economy in 2003 could be housing's downfall. If stocks roar back this spring, capital inflows could steal from the bond market, pushing up long-term interest rates. Or Alan Greenspan and the Fed could do the same to short-term rates, as a way to hit the brakes on a recovery that is heating up too fast. In other words, if everything possible goes wrong for housing, homeowners should have plenty to compensate them in terms of job security and income hikes.
The author draws a sharp contrast between the housing market and the rest of the economy so as to show
A.the boom of real estate activity.
B.the statistics on home prices.
C.the role of housing market.
D.the degree of consumer spirits.