English reader on

 

Task 1. Find the following words in the Vocabulary. 

Mortgage; mortgage system; mortgage   Upturn 

loan market, mortgage bond                     Market; loan market;  

property market  

  

 

          Stock; housing stock 

Viability 

                            Demand; to meet the demand 

Loan; loan market; loan system 

          Legal; legal problems 

Stratum 

                            Income 

 

Task 2. Answer the questions 

1) What does this article deal with? 

2) What is the current situation in Hungary? 

 

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3) Why is the mortgage system described as a "missing element"? 

4) What kinds of markets and systems arc mentioned in the article? 

5) What kind of financial institutions do you know?