Housing finance matters. In most high-income countries it matters more than any other form of finance. It was intimately related to the recent waves of financial crisis – far more so than the bugbear of public finance. We must rethink what we have been doing, why we have been doing it and whether we could do it better.
房產金融很重要。在大多數高收入國家，房產金融比其他任何種類的金融都更重要。它與最近這場金融危機干係之大，遠甚於讓人談虎色變的公共財政。我們必須反思我們一直以來的做法，這種做法的目的，以及我們能否對其加以改進。
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