It arose from the beginnings of the housing bubble -the real estate bubble that we're now in.
而是源自房地产泡沫的初现,也就是如今的房地产泡沫
And when we bought, it was at the height of the housing bubble,
我们买房子的时候,正是房地产泡沫的最高峰,
We had this huge bubble in home prices and it pushed prices up to extraordinary levels.
房价中存在大量泡沫,这些泡沫将房地产推向极度繁荣
His honest--he said, maybe froth in the real estate market but not a bubble.
他坦言也许房地产市场有点小泡泡,但绝不是泡沫
I wish the Fed had behaved better they didn't seem to recognize the bubbles that we had in the stock market in the '90s and the housing in the 2000s.
从某种意义上说,我希望,政府没有发现出来,九十年代的股票市场泡沫,和新世纪房地产的泡沫。
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