I'll just mention--I want to mention a couple other institutions that are very important in real estate and those are Fannie and Freddie.

我想介绍一下,在房地产行业中非常重要的,两个机构,房利美和房地美

耶鲁公开课 - 金融市场课程节选

I would say that the king of New York right now is real estate as opposed to Wall Street

我觉得纽约现在最大的问题就是房地产行业而不是华尔街，

纽约的负面变化 - SpeakingMax英语口语达人

The housing sector in the United States, you might say, is completely different from municipal bond insurers; but when the housing sector starts going down, people start defaulting on their mortgages.

你可能会说,美国房地产,是与市政债券保险公司完全不同,但是当房地产行业开始衰退,人们就开始对抵押贷款违约

耶鲁公开课 - 金融市场课程节选

So right now, the real estate sector is like extremely dominant.

所以现在，房地产行业支配着经济发展。

纽约的负面变化 - SpeakingMax英语口语达人

It's very important and it has some important financial there are a lot of financial institutions built around dealing with the fundamental problems of real estate.

这一点非常重要,一些重要的金融...,很多金融机构就是为解决,房地产行业的基本需求而设立的

耶鲁公开课 - 金融市场课程节选