According to Robert Shiller’s index, the real housing price has undergone dramatic fluctuation ever since 1890.
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Property loans have certain features which make them very attractive to banks.
A. T
B. F
C. NG
Both the property valuers and the regulators in many countries have found their warnings of an overheating market were cautiously taken by banks.
A. T
B. F
C. NG
Overall there are three levers that officials can pull to make property safer, and to use any one of the three can fulfill the task of regulating the market.
A. T
B. F
C. NG
Easy credit is the most significant reason which drives up prices and makes the bubble worse.
A. T
B. F
C. NG