During the recession, the determining factor lies in real estate demand, and the demand depends on the future income anticipation.

在经济下行周期中，房地产决定因素在于需求，而需求取决于未来收入的预期。

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In recent years, domestic infrastructure construction and real estate demand is bigger, stimulate the concrete mixer market, on the other hand, policies and regulations.

近几年，国内基础建设和房地产的需求比较大，刺激了混凝土搅拌车市场；另一方面，就是政策法规。

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That expanded the demand for riskier securities, including subprime mortgages, and pumped up the real-estate bubble.

那就扩大了风险更高证券的需求，包括次级抵押贷款，也导致了房产泡沫。

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Commercial real estate demand is derived from activity in the overall economy.

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Single-family housing starts hit their highest level since the first-time homebuyer tax credit sparked residential real estate demand back in April 2010, helping housing starts hit an annualized 750, 000 in August.

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There could be a negative impact on consumer and business confidence and thus spending, which could translate into reduced economic activity and as a result reduced commercial real estate demand, at least in the interim.

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