1·That justified relaxed lending standards. Homeowners with weak credit histories could refinance loans on more favorable terms in two or three years because the value of their houses would have risen.
而这种看法使得放宽借贷标准有了正当的理由：那些信贷记录不佳的住房拥有者可以在二到三年的时间里以更加优惠的条款进行再融资，因为届时他们的房产已经升值了。