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Urbanization—migration away from the suburbs to the city center—will be the biggest real estate trend in 2015. according to a new report.
The report says America's urbanization will continue to be the most significant issue affecting the industry, as cities across the country imitate the walkability and transit-oriented development making cities like New York and San Francisco so successful.
As smaller cities copy the model of these "24-hour cities," more affordable versions of these places will be created. The report refers to this as the coming of the "18-hour city," and uses the term to refer to cities like Houston, Austin, Charlotte, and Nashville, which are "positioning themselves as highly competitive, in terms of livability, employment offerings, and recreational and cultural facilities."
Another trend that looks significant in 2015 is that America's largest population group, Millennials (千禧一代), will continue to put off buying a house. Apartments will retain their appeal for a while for Millennials, haunted by what happened to home-owning parents.
This trend will continue into the 2020s, the report projects. After that, survey respondents disagree over whether this generation will follow in their parents' footsteps, moving to the suburbs to raise families, or will choose to remain in the city center.
Another issue affecting real estate in the coming year will be America's failing infrastructure. Most roads, bridges, transit, water systems, the electric grid, and communications networks were installed 50 to 100 years ago, and they are largely taken for granted until they fail.
The report's writers state that America's failure to invest in infrastructure impacts not only the health of the real-estate market, but also our ability to remain globally competitive.
Apart from the specific trends highlighted above, which cause some investors to worry, the report portrays an overall optimism borne by the recent healthy real-estate "upcycle" and improving economy. Seventy-four percent of the respondents surveyed report a "good to excellent" expectation of real-estate profitability in 2015. While excessive optimism can promote bad investment patterns, resulting in a real- estate "bubble," the report's writers downplay that potential outcome in that it has not yet occurred.
1
According to the new report,real estate development in 2015 will witness ______ .
A.an accelerating speed
B.a shift to city centers
C.a new focus on small cities
D.an ever-increasing demand
本题答案:
  • A
  • B
  • C
  • D
  • 参考答案:B
  • 系统解析:
    推理判断题。文章开篇第一句指出,根据新的报告,都市化,即由郊区迁往城市中心,将会成为2015年房地产领域最大的趋势。由此可见, 根据新的报告,2015年房地产行业的发展将见证人们向城市中心迁移的动态,故答案为B。
2
What characterizes "24-hour cities" like New York?
A.People can live without private cars.
B.People are generally more competitive.
C.People can enjoy services around the clock.
D.People are in harmony with the environment.
本题答案:
  • A
  • B
  • C
  • D
  • 参考答案:A
  • 系统解析:
    由题干中的“24 hour cities” like New York定位到第二段及第三段首句。推理判断题。第三段首句出现了“24-hour cities”,而第二段具体说明了“24小时城市”的情况。第二段提到,令纽约如此成功的因素是可步行和公交优先发展的模式。由此可知,像纽约这样的“24小时城市”的特点是公共交通非常便利,没有私家车也可以很好地生活。故答案为A。
3
Why are Millennials reluctant to buy a house?
A.They can only afford small apartments.
B.The house prices are currently too high.
C.Their parents' bad experience still haunts them.
D.They feel attached to the suburban environment.
本题答案:
  • A
  • B
  • C
  • D
  • 参考答案:C
  • 系统解析:
    由题干中的Millennials reluctant to buy a house定位到第四段第二句。推理判断题。定位句指出,被拥有房子的父母的经历所困扰,租住公寓在一段时间内还是他们的首选,由此可见,父辈们买房的经历并不如意,这提醒着千禧一代,使他们不敢贸然做出购房的决定。故答案为C。
4
What might hinder real estate development in the U.S. ?
A.The continuing economic recession in the country.
B.The lack of confidence on the part of investors.
C.The fierce global competition.
D.The worsening infrastructure.
本题答案:
  • A
  • B
  • C
  • D
  • 参考答案:D
  • 系统解析:
    由题干中的hinder和real estate development in the U.S定位到第六段第一句和第七段。推理判断题。定位部分提到,美国基础设施年久失修,对基础设施投资的不足,不仅仅会影响房地产市场的健康发展,还会影响其继续保持国际竞争力。由此可见,影响美国房地产行业发展的因素之一就是年久失修的基础设施,故答案为D。
5
How do most of the respondents in the survey feel about the U.S. real-estate market in 2015?
A.Pessimistic.
B.Hopeful.
C.Cautious.
D.Uncertain.
本题答案:
  • A
  • B
  • C
  • D
  • 参考答案:B
  • 系统解析:
    由题干中的most of the respondents和 U.S. real-estate market in 2015定位到最后一段第二句。推理判断题。文中提到,74%的受访者对2015年房地产行业的盈利状况抱有“好到很好”的预期。由此可见,人们对于2015年美国房地产的发展还是充满希望的,大多数受访者认为其盈利的空间很大。故答案为B。
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