这可能导致农地价格下跌一半，对于那些先前以其物业原价抵押贷款的人们来说，这无疑将是毁灭性的打击。

That could push down farmland values by half, a recipe for ruin for those who have borrowed against the value of their property.

youdao

没错，相比美国以个人债务为主，日本的泡沫经济主要体现于多数以地产或物业为抵押的公司过重债务。

True, Japan's bubble economy was much more about corporate-debt excesses, most of it borrowed against land or property collateral, rather than personal debt, as is the case in the U.S..

youdao

商业抵押担保贷款违约率升高连同不良建筑业贷款一起，可能将造成美国银行在商业物业上损失两千到两千三百亿美元。

Together with bad construction loans, that could push the losses of American banks on commercial property to $200 billion-230 billion.

youdao