The psychological factors are more important for longer-term forecasts, beyond a year, where momentum no longer plays an important role. At this point, there is likely to be some downward instability in prices, because enthusiasm for investing in houses is likely to wane in line with declining price growth.
一年以后，当经济冲力不再起重要作用时，心理因素则对长期预测显得更为重要。而眼下，对于房地产业的投资热情很可能会随着房价上涨速度的减弱而衰退，这样一来，房价便有向下回落的可能。