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求本月寂静里的一道AA

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发表于 2010-12-31 01:49:39 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
"The following appeared in a letter from a part-owner of a small retail clothing chain to her business partner:
“Commercial real estate prices have been rising steadily in the Sandida Heights neighborhood for several years, while the prices in the adjacent neighborhood of Palm Grove have remained the same. It seems obvious, then, that a retail space in Sandida Heights must now be much more expensive than a similar space in Palm Grove, which was not the case several years ago. So, it appears that retail spaces in Sandida Heights are now overpriced relative to those in Palm Grove. Therefore, it would be in our financial interest to purchase a retail space in Palm Grove rather than in Sandida Heights.”

话说B几的作文有范文吗
"
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沙发
发表于 2010-12-31 02:05:59 | 只看该作者
Gratuitous Assumption

The author assumes that since the price increase at a faster pace in S than in P, the price in S is higher than that in P.  Hold your horses.  We do not know the starting point of the price comparison, how could we know the price thereafter???  What if several years ago the price in S was way below that of in P and even a few years of catching-up would not fill in the gap?  Look at the GDP of China and US.  Although China's growth is phenomenal, it still have a long way to go to overtake the lead from the US.

In addition, a fast price hike does not equal overpriced. It all depends on the value of the land and the expectation of the investor therefor.  As long as there is an increasing demand for retail space in S and a limited supply of available land therefor, the price in S might keep rising until it reaches the plateau.  Based on the same rationale, no increase in price for real estate in P might simply indicates that the properties there have reached their plateau and further increase in price is highly unlikely.
板凳
 楼主| 发表于 2010-12-31 02:13:17 | 只看该作者
Gratuitous Assumption

The author assumes that since the price increase at a faster pace in S than in P, the price in S is higher than that in P.  Hold your horses.  We do not know the starting point of the price comparison, how could we know the price thereafter???  What if several years ago the price in S was way below that of in P and even a few years of catching-up would not fill in the gap.  Look at the GDP of China and US.  Although China's growth is phenomenal, it still have a long way to go to overtake the lead from the US.

In addition, a fast price hike does not equal overpriced. It all depends on the value of the land and the expectation of the investor therefor.  As long as there is an increase demand for retail space in S and a limited supply of available land therefor, the price in S might keep rising until it reaches the plateau.  Based on the same rationale, no increase in price for real estate in P might simply indicates that the properties there have reached their plateau and further increase in price is highly unlikely.
-- by 会员 sdcar2010 (2010/12/31 2:05:59)

Thank you a lot!!!
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