For US policymakers, Japan is the case study in what not to do when a credit bubble is followed by a real estate bust.

对于美国的决策者来说，当他们面临由不动产破产引发的信用危机时，日本是一个教训，让我们学习那些事情是不能做的。

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As is the case elsewhere in Europe, the British economy is stagnant and real estate, in particular, is taking a big hit.

就像欧洲其他地方一样，英国经济停滞不前，房地产尤其受到冲击。

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In that case, how the internal structure of the real estate business management system?

在这种情况下，如何内部结构的房地产业务管理系统？

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Unless of course you compare them to real estate, in which case they shine like the top of the Chrysler Building .

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You might end up with people from the real estate practice working on an environmental case.

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Roubini: Well, in the case of residential real estate, I would say prices and quantities have fallen so much from the peak, that probably they are close to the bottom.

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