Then I want to talk about mortgages, which is the way that we finance both commercial and owner-occupied real estate.

然后再讲一下抵押贷款,它可以为,商业地产和自住房产提供融资

耶鲁公开课 - 金融市场课程节选

There's also commercial real estate, which is smaller than owner-occupied homes, but we own that indirectly too, as a people, through the stocks that we own and through the institutions we participate in.

除此之外还有商业地产市场,它比自有住房市场要小,但人们也可以间接持有商业房产,人们可以通过持有股份,及参加一些机构的方式来持有商业地产

耶鲁公开课 - 金融市场课程节选