本期特别报道将论证，房地产繁荣与泡沫破灭的影响可以变得危害较小，但这种资产本身却具有与生俱来的危险性。

This special report will argue that the effects of property booms and busts can be made less damaging, but that the asset itself is inherently unsafe.

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该地区利率极低（实际利率很可能为负值），这必将导致资产泡沫，特别是在房地产和公众持股领域。

There are ultra-low interest rates (real interest rates are probably negative); this is leading to certain asset bubbles – particularly in real estate and public equities.

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投资者特别关注于商用房地产。

Investors are particularly concerned about the commercial real estate market.

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