Glossary entry (derived from question below)
German term or phrase:
Korrektur
English translation:
correction in the housing market, slow-down in the housing market
Added to glossary by
Kathryn McFarland
Apr 13, 2007 01:48
17 yrs ago
6 viewers *
German term
Korrektur
German to English
Bus/Financial
Economics
In den USA wird sich das verlangsamte Wachstum aufgrund der anhaltenden Korrektur auf dem Immobilienmarkt mindestens bis Mitte 2007 fortsetzen.
Proposed translations
(English)
3 +4 | correction in the housing market, slow-down in the housing market | Saskia |
3 +2 | on-going .... adjustment in.... | Camilla Seifert |
3 | corrective measures | Raghunathan Rajagopalan |
Proposed translations
+4
21 mins
Selected
correction in the housing market, slow-down in the housing market
this is what is happening right now in the US
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Note added at 2 days12 hrs (2007-04-15 14:08:26 GMT)
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People do not out of their free will lower the selling price on their house. The economy dictates that the prices are lower and that the housing starts decline. Therefore, these are not measures that are taken, but automatic responses to the economy. People will always want to get the highest price for their house, a builder will always want to build as many houses as possible.
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Note added at 2 days12 hrs (2007-04-15 14:08:26 GMT)
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People do not out of their free will lower the selling price on their house. The economy dictates that the prices are lower and that the housing starts decline. Therefore, these are not measures that are taken, but automatic responses to the economy. People will always want to get the highest price for their house, a builder will always want to build as many houses as possible.
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
+2
2 hrs
on-going .... adjustment in....
When one speaks of KORREKTUR in the economic sense, it can also refer to an ADJUSTMENT in the sense of VERÄNDERUNG.
Peer comment(s):
agree |
Regina Freitag
: I like "adjustment", because it renders the exact meaning
9 hrs
|
agree |
Kcda
: ongoing corrective measures or adjustments are commonly used
1 day 14 hrs
|
3 hrs
corrective measures
in the economic sense
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Note added at 3 hrs (2007-04-13 05:01:56 GMT)
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http://www.britannica.com/eb/article-61129/economic-systems
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Note added at 3 hrs (2007-04-13 05:01:56 GMT)
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http://www.britannica.com/eb/article-61129/economic-systems
Peer comment(s):
disagree |
Saskia
: These are not measures that are taken, but are responses to the economy.
5 hrs
|
Sasika, I think, it can be interpreted either way. Corrective measures is preferable here
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|
agree |
Kcda
: ongoing corrective measures... Yes, commonly used in economics to describe methods etc.
1 day 14 hrs
|
thanks Kcda
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