The form of association that leads to our perfection is necessarily something particularistic.

引领我们,完善己身的关连形式,必然是具有某种排他性。

耶鲁公开课 - 政治哲学导论课程节选

We have democratized -Now, REITs are a rapidly growing force in investing and now we have substantially democratized real estate holdings so it's not exclusively DPPs that are holding -not primarily--we have a lot of REITs now.

房地产投资已经公众化了,投资领域中的REITs正蓬勃发展,使得房产投资从根本上来说,公众化了,而不像DPP具有排他性,现在REITs数量众多

耶鲁公开课 - 金融市场课程节选