Here's my last slide The National Association of Homebuilders surveys its membership to ask them what is the traffic of homebuyers?

最后一张幻灯片,全美房屋建造协会调查了它的成员,询问他们购房者参观量的情况

耶鲁公开课 - 金融市场课程节选

An originator is a company that lends money to households; they raise money and then they lend it out as mortgages to households.

原始权益人是指借钱给购房者的公司,他们先进行筹资,接着,通过抵押贷款方式向购房者放贷

耶鲁公开课 - 金融市场课程节选

president Gorge W.Bush joined the push for more home ownership. " How come ?

您写道，小布什，You，write，“,加入了让人们多购房的政策中“,怎么解释？

斯坦福公开课 - 经济学课程节选

So Savings and Loans, traditionally, have made most of their loans in the form of home mortgages.

所以传统的储贷协会,所发放的贷款多为购房抵押贷款

耶鲁公开课 - 金融市场课程节选

It's something like what we had in the '30s, although they have other institutions that protect homebuyers, so they don't see the turmoil that we saw in the 1930s.

就像我们上世纪30年代的一样,但是他们有另外的机构来保护购房者,因此他们没有经历我们在30年代的动荡

耶鲁公开课 - 金融市场课程节选

It tells how--there's a conforming loan limit that is a limit on how much Fannie and Freddie -how big a mortgage they can make to one homeowner.

两者都有一个贷款限额标准,也就是限定房利美和房地美,面向单个购房者的抵押贷款额度

耶鲁公开课 - 金融市场课程节选

The blue line is the traffic of homebuyers.

蓝线代表购房者参观量

耶鲁公开课 - 金融市场课程节选

It has dropped precipitously and you note that the pink line, which shows the rate of growth of home prices, the rate of growth of home prices, has fallen just right along with the traffic of homebuyers.

而且跌的很突然,再看粉色线,粉色线代表了房价增长率,房价增长率,与购房者残参观量一样下跌

耶鲁公开课 - 金融市场课程节选