If there is one big idea to come out of the financial crisis, it is that monetary authorities should try to anticipate asset price bubbles, especially in property.
如果从金融危机中能得出一个惨痛教训的话,那就是,金融监管部门应设法预见到资产价格泡沫,尤其房地产领域。
That does not translate into a big real estate deal, though - especially in a city where 14 percent of retail property is vacant.
然而,那却无法转化为房地产销售合同——尤其是在一个14%的商铺都空置的城市里。
There are exceptions to the trend, especially in countries with inept governments and poor systems of property rights, but in general, richer is eventually greener.
关于这些趋势存在一些例外,尤其在一些存在债务管理或者较弱的财政系统的国家,但是一般而言,较富裕的国家最终变得更加绿化。
And especially being in San Francisco where property is very, very, very expensive and
旧金山是个寸土寸金的地方,
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