抵押负债与幸福的关联并不高。
在天平的另一端,意大利的抵押负债比率低于百分之二十。
At the other end of the scale, Italy has a mortgage - debt ratio of less than 20% of GDP.
我们经济问题的核心是债务问题,主要是人们在最近十年泡沫时期所积欠的抵押负债太多。
The core of our economic problem is, instead, the debt - mainly mortgage debt - that households ran up during the bubble years of the last decade.
Part of--this is the--it's not loan-to-value ratio-- this is the ratio of mortgage debt to personal consumption expenditure.
这并非贷款价值比率的问题,一定程度上,是抵押率的问题,即负债对个人消费支出的比率
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