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Osee Posted 18 years ago
Vocabulary

the meldown, record numbers of people

For many, the meltdown in the housing and mortgage markets has proved especially disturbing. Record numbers of people were forced from their homes, unable to afford the monthly loan payments. People watched their single biggest asset fall in value, a reason to tighten the belt.

1. what's it mean by the meltdown in this context?
2. This phrase record numbers of people is strange to me, how to understand it?
3. Is fall here a verb or noun?

Thanks a lot!
Osee
  

Top answer

Hi, For many, the meltdown in the housing and mortgage markets has proved especially disturbing. Record numbers of people were forced from their homes, unable to afford the monthly loan payments. People watched their single biggest asset fall in value, a reason to tighten the belt.

— Clive

  • Hi, For many, the meltdown in the housing and mortgage markets has proved especially disturbing.
  • Record numbers of people were forced from their homes, unable to afford the monthly loan payments.
  • People watched their single biggest asset fall in value, a reason to tighten the belt.
  • 1.
  • what's it mean by the meltdown in this context?
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1 Answers
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Hi,
For many, the meltdown in the housing and mortgage markets has proved especially disturbing. Record numbers of people were forced from their homes, unable to afford the monthly loan payments. People watched their single biggest asset fall in value, a reason to tighten the belt.

1. what's it mean by the meltdown in this conte
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