Right now the total value of single-family homes in the United States is about twenty trillion dollars and the market has been becoming increasingly speculative.
如今,美国家庭的,房产总值,接近2万亿美金,而且,市场变得越来越投机
Then we have stately homes which is the big mansion houses
我们有豪宅,大的宅院式别墅,
I've been working with the Chicago Mercantile Exchange to create a futures market for single-family homes, which is sort of my connection to the futures industry.
我一直以来和芝加哥商业交易所合作,创建一个适合单一家庭的期货市场,这是我参与期货行业的一种方式
Now suddenly, the word is that it's falling, so suddenly they don't want these homes, so the inventory of unsold homes has shot up; builders can't sell them and prices are falling.
忽然,房价开始暴跌,楼市无人问津,待售房屋存量急剧上升,建筑商卖不动房子,房价暴跌
There's also commercial real estate, which is smaller than owner-occupied homes, but we own that indirectly too, as a people, through the stocks that we own and through the institutions we participate in.
除此之外还有商业地产市场,它比自有住房市场要小,但人们也可以间接持有商业房产,人们可以通过持有股份,及参加一些机构的方式来持有商业地产
Actually, the automobile insurance is more important than the homeowners' insurance, even though homes are so much more valuable, because--I think that's because cars move and they drive around and they bump into each other.
实际上,尽管住宅要比汽车值钱的多,但是,汽车保险要远比,住宅保险重要,我觉得这是因为汽车是可以移动的,车主们开着车到处跑,容易相互碰撞
What they mean by that is, if you're a builder and you have this place where you show off your model homes, how many people are coming by to look at your model homes today as potential buyers?
意思就是,如果你是建造商,你有地方展示样板房,预计今天会有多少潜在顾客,来看样板房
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