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
61
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/2932389.html
相关试题推荐
[originaltext]Ifyou’recarefulenough,you’llfindthatitiscommonnowad
[originaltext]Ifyou’recarefulenough,you’llfindthatitiscommonnowad
[originaltext]Ifyou’recarefulenough,you’llfindthatitiscommonnowad
[originaltext]InBritainthebiggestnumberofworkingforeignerscomesfro
[originaltext]Peter:(19)ThelawontaxisisveryinterestingandIknowinLon
[originaltext]OneofNewYork’smostbeautifulandvaluablebuildingsisin
[originaltext]OneofNewYork’smostbeautifulandvaluablebuildingsisin
[originaltext]Ababyspendsthefirstyearoflifelearningtolisten.(9)A
[originaltext]Ababyspendsthefirstyearoflifelearningtolisten.(9)A
[originaltext]Ababyspendsthefirstyearoflifelearningtolisten.(9)A
随机试题
TheAmericanMedicalAssociationhasarguedthattherapidlyrisingcostsassoci
I’vebeenwritingformostofmylife.ThebookWritingWithoutTeachersint
Theborderdecorationinmedievalmanuscriptsreferredtoaspenflourishing
急性喉炎A.咳嗽声音微弱或细小无声 B.咳嗽伴有喘鸣声,以夜间和清晨多见,反复
男性,66岁,反复咳嗽、咳痰30余年,进行性呼吸困难10余年,反复双下肢水肿2年
2016年4月9日,某客户的逐笔对冲结算单位、持仓汇总的数据如下表: 若期
适用于规模较大、产品品种较多、各产品之间工艺差别较大、技术比较复杂、市场广阔多变
在建设方案的经济比选中,方案的投资与基准投资回收期内年经营成本的总和指的是()
盆式土方开挖时盆边土体的高度不宜大于6m,盆边上口宽度不宜小于8m。盆边土体的高
依据《道路交通安全法》,机动车在高速公路上发生故障,又难以移动时,下列做法正确的
最新回复
(
0
)