首先，它可能具有内在不稳定性，因为聚集在房地产的财富越多，金融系统为支持房地产投资所提供的杠杆也就越大，而这正是最糟糕的世界金融危机的核心原因。
First, it may be inherently unstable, because the more that wealth resides in real estate, the more the financial system will provide leverage to support real-estate speculation, which has been at the heart of all of the world’s worst financial crises.