In one crucial respect, the bubble in commercial property was less dangerous than in the residential sector: there was no development boom and hence no oversupply.

一个关键点是，商业房产的泡沫不如住宅板块的泡沫危险：没有开发热，因此也就没有过度供给。

youdao

American commercial-property prices have stopped falling, which may bode well for the residential market, where the subprime crisis originated.

美国的商业地产价格已停止下降，这可能是引发次贷危机的住宅市场的好兆头。

youdao

But a glut of completed commercial and residential property will likely prove hard to shift in a climate of caution.

不过，大量已竣工的商业及居住楼盘很可能将与谨慎的大环境格格不入。

youdao

Banks compete in similar lines of business, lending against commercial or residential property or (in the late 1970s) channelling money to developing nations.

ECONOMIST: The problems of insuring against systemic risk

There was massive inflation in asset prices, especially in commercial and residential property, and a hideous and dangerous explosion of the accumulation of debt: an analysis by McKinsey, which I've mentioned here many times before, shows that the aggregate of household, business, government and bank debt increased from less than 200% of GDP in 1987 to a record 500% of GDP in 2008, and hasn't really fallen since.

BBC: Can the Bank of England hit any target?

Anti-Deficiency Statutes often only work for residential property, not commercial property or raw land.

FORBES: Foreclosure, Deficiency Judgments and the Perils of Anti-Deficiency Statutes