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阶段性测验2 ◇1.英译中 o Although the average housing price is usually an indicator of the purchasing power of a certain region, there are cases in which the price becomes inconsistently high as a result of appropriate microeconomic policies and extreme circumstances. Then the price does not of society. When buying a house becomes the most profitable investment, people are likely to 2 indicate any positive momentum of the economy, but instead poses threat to the overall stability show less interest in developing real economy. There are arguments as for the impact of such phenomenon Some argue that such circumstances are likely to force talented young people to leave, which ill in turn harm the city's economic dynamism. But there are also people who argue that this will single out the really competitive and competent ones, and would thereby make the city world-class. However, most governments in the world would take austere measures to curb the all-too-fast rise of housing prices, in order to strike a balance between the real estate sector and the manufacturing sector. After all, it is the latter that provides a solid foundation for the rest of economy
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