首页
登录
职称英语
[originaltext] (16)The US housing sector usually leads the rest of the econ
[originaltext] (16)The US housing sector usually leads the rest of the econ
游客
2023-08-16
28
管理
问题
(16)The US housing sector usually leads the rest of the economy out of recession. But that is happening much more slowly than usual in the wake of the latest downturn. That is because the housing industry is burdened by a huge number of bad loans that have caused a financial, bureaucratic, and economic mess. Problems in the US housing sector are slowing the economic recovery in the world’s largest economy, and elsewhere.
(17)Deborah Harris faces possible eviction from the home she has owned for the past 17 years, after failing to make some of her mortgage payments.
Harris was a paramedic with Washington’s Fire Department.
" You are about to lose your home. It’s nowhere else to go. I don’t have any husband, I don’t have any children. I’ve worked 23 years in the Fire Department, saving lives, keeping people alive, and here I am retired, and I don’t have a place to stay. Come on. I mean, that’s ridiculous," Harris said.
Harris won awards and promotions for her service on an ambulance, but stopped working after she was hurt carrying a large patient.
It took many months of doctors’ exams and filing paperwork to convince officials she was entitled to a pension. During that period without pay, she fell behind on her mortgage.
The financial crisis that started in 2007 brought rising unemployment, falling home values and surging foreclosures.
Foreclosure specialty firm RealtyTrac says foreclosures soared to more than one million a year at the peak of the crisis, from about 200,000 in an average year.
A slightly better economy has cut the foreclosure rate, but it will probably still hit about 700,000 this year.
The chief economist from the National Association of Realtors, Lawrence Yun, says the flood of foreclosures hurts the US economy, which cuts demand for products from other nations and slows global growth.
(18)" Foreclosure is the predominant reason for why the housing market is taking a long time to recover," Yun said. "Historically, the housing market always leads the economy, so when the housing market goes down, the economy goes into a recession. When the housing market recovers, economy comes out of recession. "
Questions 16 to 18 are based on the recording you have just heard.
16. Which sector usually leads the rest of the US economy out of recession?
17. Why does Deborah Harris face possible eviction from her home?
18. According to Lawrence Yun, what’s the predominant reason for the slow recovery of the housing market?
选项
A、Foreclosure.
B、Unemployment.
C、Home values.
D、Housing demands.
答案
A
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2929758.html
相关试题推荐
Whenweworryaboutwhomightbespyingonourprivatelives,weusuallythi
Whenweworryaboutwhomightbespyingonourprivatelives,weusuallythi
[originaltext]TodayI’dliketotalkaboutthesculptorHenryMoore,inpa
[originaltext]TodayI’dliketotalkaboutthesculptorHenryMoore,inpa
[originaltext]TodayI’dliketotalkaboutthesculptorHenryMoore,inpa
[originaltext]Let’sbegintodaybydiscussingenzymes.Enzymesarewhatma
[originaltext]Let’sbegintodaybydiscussingenzymes.Enzymesarewhatma
[originaltext]Let’sbegintodaybydiscussingenzymes.Enzymesarewhatma
[originaltext]TheEducationSelectCommitteehasbeenexaminingtheunderac
[originaltext]TheEducationSelectCommitteehasbeenexaminingtheunderac
随机试题
Ah,praise.Sopowerfularesimplewordsofapprovalandadmirationthatthe
WhichofthefollowingitalicizedpartsisNOTanobjectclause?A、Ifounditnec
ThereisanerrorinanEnglishmagazinethatyoufeelmustbecorrected.Wr
施工合同中应用广泛,建设单位造价控制容易,施工单位需要承担较大风险的合同是()
某4跨简支梁桥,每跨上部结构由4片预应力T梁组成,请根据《公路桥梁技术状况评定标
卵巢与子宫相连的韧带是()A.卵巢固有韧带 B.卵巢系膜 C.卵巢悬
在正向市场上,如果投资者预期近期合约价格的( ),适合进行熊市套利。 Ⅰ.下
《大医精诚》的作者是()A.孙思邈B.李时珍C.张仲景D.林逋E.刘完素
()级保护用电流互感器是具有剩磁通限值的低漏抗保护用电流互感器,当已知其二次励磁
2011年中部地区货物和服务净出口最多的省份是:() A.安徽 B.河南
最新回复
(
0
)