San Diego's municipal code, for instance, requires property owners to maintain landscape and vegetation standards—or face a penalty equivalent to the cost of hiring a private contractor to do so.
例如,圣地亚哥的市政法规要求业主保持景观和植被的标准,否则将面临与雇佣私人承包商来这样做成本相当的罚款。
These benefits are captured by the rents earned by property investors, which are equivalent to the tenancy costs saved by owner-occupiers.
这些收益用物业投资者所获得的租金计算,即等同于自用业主省下的租赁资金。
OK, so this is equivalent to the third property.
这就是第三个性质。
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