There’s also the greater issue that households are in a balance sheet recession, where they are saddled with worthless housing debt that will keep the housing market depressed.

另外一个更大的问题是资产负债表衰退，他们陷入了毫无价值的房屋债务中，房市保持着低迷状态。

youdao

There's also the greater issue that households are in a balance sheet recession, where they are saddled with worthless housing debt that will keep the housing market depressed.

另外一个更大的问题是资产负债表衰退，他们陷入了毫无价值的房屋债务中，房市保持着低迷状态。

youdao

The recession has depressed the housing market.

经济衰退导致住房市场不景气。

《牛津词典》

In the circumstances of 1974 with the stock market depressed, it made sense to leverage up.

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Its aim is to keep more people in their homes, another way of tackling the troubling level of unsold homes that keeps the real estate market depressed.

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High prices for the precious metal, price volatility, a fragile labor market, depressed real estate prices and volatile stock market all contributed to hesitant consumer demand and fragile consumer confidence, WGC said.

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