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What does "it" means?
There is no fail-safe administrative tool for curbing house-price booms. The best course is to insure against the fallout from a house-price bust. Canada has been more active in this than most countries. People with mortgages above 80% of the value of the home on which【 it 】is secured are obliged to pay for insurance against default. The underwriting standards on such mortgages have been steadily tightened. Canada’s biggest banks have some protection against potential storms. They are highly profitable and exceed international benchmarks for capital.
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Why does "look" use past tense?
The lessons from Canada’s attempts to curb its house-price boomIN MATTERS of finance, if not climate, Canada is usually temperate. It was barely moved by the economic storms that blew the roof off America and Europe in 2008-09. Its banks were steady, it was argued, in part because they were shielded from the ferocious competition for market share that pushed banks elsewhere into hazardous loans. For all that, in its housing market Canada has lately become a place of extremes.
Household debt has climbed to almost 170% of post-tax income. House prices rose by 20% in the year to April. 【Looked at】 relative to rents, they have deviated from their long-run average by more than any other big country. The Economist covers in its global house-price index. In Toronto, one of two cities, along with Vancouver, where the boom has been concentrated, rental yields are barely above the cost of borrowing, even though interest rates are at record lows. In its twice-yearly health-check on the
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This content violates our Community Guidelines.February 27, 2019
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Life will never give you an answer
After class, i was going to practice english proniciation, thanks to my procrastination i hadn't done it but wathed the cartoon named One Piece about two hours that made me feel upset. So i decided to back to dormitory to stay with my friends, i understand that's why we need friends. i wanted to improve my english writing skill. i found some english exercise books online that let me down, because i think i should do them all but there haven't much energe and time for me. May be the english is very difficult i thought. I silent for a while. my english was very poor four years ago,i even couldn't pass the CET-4. But now,i can read english books, sing english song, write my diary in english. it's obvious that i have made great progress. In my life i always worry about the future, it torture me for a long time. i think the life won't give you a answer. you just go ahead and keep your direction.
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My Diary
sunny,saturday november twenty-five
i woke up at nine o'clock in the morning,when i was sleepy.So i decided to listen laishixiong's english grammer.two hours later,i got up at thirteen o'clock,got dressed and went out for dinner.Go on learning english grammer after i came back.when i felt bored,i just read some english articles.an hour had passed,my english teacher urged me to hand in homework,so i went to building eleven to practice my oral english.i handed my homework.i backed to my dormitory ,fetched charger and went out.i listen to english books as i walked.i made apportment with a friend to start a video chat at eleven o'clock.his name is acc,and he is very kind,he helps me to practice oral english.
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light rain on Tuesday November 6
I got up at six this morning to confirm my qualification for the postgraduate exam. I was in line when I met a girl with short black hair and an oval face. Her features were so exquisite. I had a warm feeling when I looked into her eyes. She is the most beautiful girl I have ever seen. There was nothing to kill time while we were waiting in line. We talked about the graduate exam and ourselves. Suddenly another girl said we didn't have a personal information sheet, and the three of us rushed to the printing shop. Helping each other makes me feel warm. I know this girl's name is dai qing. I'll never forget her. The only regret is that I didn't ask for her WeChat. I guess I'll never see her again.
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my diary
Light rain on Monday, November 5. I got up early as usual today, and went to the cafeteria to practice my pronunciation after dinner. The teacher replied the message at 8:30 this morning, as usual, it should be last night. In the afternoon i taught an Indian to learn pinyin, that Indian tongue is very stiff, how to teach, I can not. I had to give up and recommend him to my classmates. He is happy to meet Chinese people. In fact, I admire that Indian, who have already more than 30 are still learning Chinese, worth a lot of Chinese to learn. At three o 'clock in the afternoon, I went to take the express. I bought seven harry potter books. I'm glad to see the book intact. Today I made a new friend. Her name is holy. She is a very kind girl. I hope we can be friends. I also hope that we can learn the language we want to learn.
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My english teacher
My English teacher is Rainie. I contacted her during the summer vacation.Her voice is extremely pleasant to hear, giving a touch of sadness.She marks my homework strictly.My first assignment was revised about six or seven times.She is also more than good to me. She told me that the most essential thing for me to learn English is to insist and let me not give up.She frequently encourages me and tells me some life philosophy.She taught me a lot in English.I also often read the books she recommended to me. Those books are exceedingly useful to me.She likes to take selfies, and she often alters her signature or profile picture.I wrote a poem about her face.I like the feeling of having lessons with her, and this is the best teacher I've ever met.
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