The first wave was in the 1960s and, at that time, Congress had limits-- state governments had limits on the interest that savings banks could pay people on their accounts.

在20世纪60年代,那时候国会限制了...,各州政府给储蓄银行,设定了账户利率的支付上限

耶鲁公开课 - 金融市场课程节选

One--the first wave of REIT growth occurred right after Congress passed the 1960 bill.

EITs增长的第一波高潮,发生在国会1960年法案通过之后

耶鲁公开课 - 金融市场课程节选