There was no bubble in real estate, and no private sector leveraging.

房地产市场没有泡沫，也没有私营部门的债务。

youdao

There's a lot of speculation but no bubble.

这里存在大量炒作，但并没有泡沫。

youdao

There's a lot of speculation but no bubble.

这里存在大量炒作，但并没有泡沫。

youdao