对经济增长损害最小的税种是对消费和诸如房地产的不动资产征收的税。
The taxes that do least harm to growth are those on consumption or on immobile assets such as property.
所以地产市场全球化的关键在于REIT（或称之不动产投资信托）的成长。
So the key to the globalisation of the property market has been the growth of the REIT, or real-estate investment trust.
不动产——绝大多数的专家们都表明我们正目睹着房地产行业豪无潜力可寻。
Real Estate – Most experts believe we are seeing the bottom floor of the housing market.
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