Prices up and up in recent years, before the housing bubble burst.

在房地产泡沫破裂前,最近几年里房价不断上升.

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Many of them thought the housing bubble would pop or the dollar would fall.

其中许多人想到房差泡沫会破裂,美元会下跌.

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In absolute terms , the credit boom on top of the housing bubble was unparalleled.

商业不动产的价格也是一样.

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But high - risk loans led to today's credit crisis once the housing bubble burst.

但是,房产泡沫破裂之后,高风险的贷款导致了今日信贷危机.

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Moreover, central banks make mistakes, as the Fed did in allowing the housing bubble to inflate.

而且, 中行的银行家们已经犯了错误, 比如说美联储允许房地产泡沫引起的通胀.

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Whether that would have stopped the housing bubble is open to question.

这是否能防止房产产生泡沫并未可知.

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Official statistics most likely underestimate the size of the housing bubble.

这些官方数据极有可能低估了住宅市场泡沫的规模.

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First came the bursting of the tech - stock bubble, now the bursting of the housing bubble.

先是科技股泡沫的破裂, 现在是房地产泡沫的破裂.

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But some seem at least as concerned about defining when the housing bubble began.

不过,有些人看来至少也同样关心怎样定义楼市泡沫是何时开始的.

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