But in some circumstances the increase in the current price leads to an even higher expectation of future price increases, resulting in a bubble.

但是在一些情况下，现价的上升反而会引发对未来价格的更加高度的预期，这样导致了泡沫问题。

youdao

While excessive optimism can promote bad investment patterns, resulting in a real-estate "bubble," the report's writers downplay that potential outcome in that it has not yet occurred.

过度乐观可能会助长不良投资模式，导致出现房地产“泡沫”，但这篇报告的作者对这种潜在后果只是一笔带过，认为这种后果尚未发生。

youdao

But the same was predicted of Japan in the 1980s before its bubble burst, resulting in a lost decade of sluggish growth. The gap between Japan and America has instead widened.

然而，就在80年代的日本经济泡沫破灭之前，人们对它也有过同样的预测，随之而来的“失落的十年”，日本经济一直处于停滞状态，它与美国之间的差距非但没有缩小，反而扩大了许多。

youdao

Making a series of risky housing loans, packaging them up into securities, selling those securities, cutting those securities up hundreds of ways and selling those in order to make money ultimately causes a tremendous bubble that bursts, resulting in a financial crisis that taxpayers have to then come fix.

WHITEHOUSE: Press Briefing

All the above confirms what we have been forecasting for several months: Government efforts to stop real estate inflation is resulting in the bursting of a huge speculative real estate bubble.

FORBES: Reality Check For China's Real Estate

In many ways China today looks ominously similar to Japan before its bubble burst at the start of the 1990s, resulting in a decade of stagnation.

ECONOMIST: China's economy