中国的经济过热，其中一个重要的特点是房地产市场过热。
China's economy overheating, one of the important features of the real estate market is overheated.
如果房地产市场过热，市场无法使其降温，政策制定者就要采取措施了。
If the market cannot be trusted to ease up on property when it overheats, that leaves policymakers.
它们的土崩瓦解是由风险管理欠佳，以及未能了解房地产市场过热的巨大风险导致的，而后者是我们当前所面临问题的根源。
Their demise was caused by bad risk management, and a failure to understand the high risks of an overheated real-estate market, the root cause of our current problems.
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