And most mortgage holders probably expected to refinance their mortgages before their rising interest-rate trebled or quadrupled monthly repayments. Another hoped-for benefit was that capital gains could be converted into home equity loans, boosting homeowners’ living standards.
随着房地产市场的蓬勃发展，预期的资本收益预示着数不清的财富。并且许多抵押贷款持有人或许期望，在他们的利息达到月还款额的三倍或四倍之前，为他们的抵押贷款再次贷款。另一个人们期望的好处是，资本收益可以被转化为房屋净值贷款，从而提升房屋所有人的生活水平。