A. "It is always better to buy a house; paying rent is like pouring money down the drain." For years, such advice has encouraged people to borrow heavily to get on the property ladder as soon as possible. But is it still sound advice House prices are currently at record levels in relation to rents in many parts of the world and it now often makes more financial sense—especially for first-time buyers—to rent instead.
B. "If I don’t buy now, I’ll never get on the property ladder" is a common cry from first-time buyers. If house prices continue to outpace wages, that is true. But it now looks unlikely. When prices get out of line with what first-timers can afford, as they are today, they always eventually fall in real terms. The myth that buying is always better than renting grew out of the high inflation era of the 1970s and 1950s. First-time buyers then always ended up better off than renters, because inflation eroded the real va
A. "It is always better to buy a house; paying rent is like pouring money down the drain." For years, such advice has encouraged people to borrow heavily to get on the property ladder as soon as possible. But is it still sound advice House prices are currently at record levels in relation to rents in many parts of the world and it now often makes more financial sense—especially for first-time buyers—to rent instead.
B. "If I don’t buy now, I’ll never get on the property ladder" is a common cry from first-time buyers. If house prices continue to outpace wages, that is true. But it now looks unlikely. When prices get out of line with what first-timers can afford, as they are today, they always eventually fall in real terms. The myth that buying is always better than renting grew out of the high inflation era of the 1970s and 1950s. First-time buyers then always ended up better off than renters, because inflation eroded the real va
Rising Prices Cause House "Apartheid"
涨价导致房屋的“种族隔离”
The Government has admitted that soaring house prices have left people on average incomes, such as teachers and nurses, locked out of buying their first homes across large parts of southern England, including London and most of the South East.
A spokeswoman for the Deputy Prime Minister, John Prescott, admitted last night that there was now an effective "housing apartheid", with people in their own homes pulling further and further away from those yet to get on the property ladder.
With house prices rising at between 15 and 20 percent a year, incomes, which are rising at between 5 and 10 percent a year, cannot keep up.
"Increasing housing supply is a national priority. In large areas of the wider South East, house purchase remains out of reach for families with average household incomes," the official said．
A. houses are only built in specific places
B. houses in some places become too expensive for people to buy
C. black people and white people live in different houses in a place
D. regulations are enforced on house pricing
Recruitment policies in Britain’s businesses favor the young. Mature men and women are being marginalized and their considerable skills lost to the economy. Cost-cutting policies such as delayering and downsizing, now widely criticized (31) causing loss of valuable knowledge and experience, are hardest on more mature staff.
All around us can (32) seen the effects of ageism. Highly qualified, middle-aged people with excellent CVs apply for jobs, but do not get them because younger applicants are preferred (33) the basis of age alone. Similarly, when it comes (34) promotion, younger employees are often more successful than their older colleagues, because (35) former are seen as more dynamic and ambitious.
Our research, however, suggests otherwise: it is the mature manager who is considerably (36) capable of handling the
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