There are other factors involved too like high energy prices, but certainly U.S. policy is affecting that, but we're also affected by the rest of the world.
还有诸如能源价格高昂等其它因素,但美国的政策肯定是有影响,但世界其它地区的情况也影响了我们
Well, the answer is high prices, I believe.
我觉得原因在于高昂的房价
s up to the Fannie Mae or Freddie Mac to collect mortgages over the next thirty years So let me make sure I have the sequence right Housing prices extremely high among other entities congress place pressure on the banking systems they were ordinary banking systems to make loans more and more affordable.
结果是房地美和房利美,And,it’,在过去三十年收集全国贷款,让我整理一下顺序,房价很高,及其他政府机构,给银行压力,即普通银行,放贷给民间,让更多人买得起。
That's a brilliant market timing device that-- I think enlightened people thought that those prices were getting high-- and also made some play on credit spreads and now on real estate, he said.
这个决策的市场时机非常正确,有见识的人都觉得,那时网络股的价格太高了,他们也参与了信用利差交易,现在又转向了房地产
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