从农村到城市的移居已经成为一种普遍现象,因为年轻人想要追求更好、更繁荣的生活。
Migration from rural areas to urban cities has become a common phenomenon as the youth want to seek a better and more prosperous life.
但由于我们的合作,美国和中国都更繁荣、更安全。
But because of our cooperation, both the United States and China are more prosperous and secure.
确实,这些边际劳动力成功地年复一年的生存者,而且变得更繁荣。
And indeed, there are those marginal producers who manage somehow to hang on year after year. A few even thrive.
I want to talk first about institutions and then move to what I think is, myself, more interesting, which is the real estate boom and the kind of fluctuations we've seen in real estate over the years.
我首先会讲讲这些机构,然后讲一下我更感兴趣的,房地产市场繁荣,及这些年里,我们经历的波动
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