But the fall in housing prices is unlikely to turn into a rout, because real demand for houses will remain strong after speculative demand is driven from the market. As soon as housing prices fall to an affordable level, buyers will enter the market and set a floor under the decline.
但房价的下跌不会演变成崩盘，因为在投机性需求从市场中挤出后，住房真实需求依然强劲。只要房价下跌到可承受水平，买房者就会进入市场，此时房价就会见底。