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Step by step, place became property, property became a mortgage, and mortgages became derivative investments.

  • -- Douglas Rushkoff 道格拉斯·洛西克夫

一步一步地，地方变成了财产，财产变成了抵押，抵押变成了衍生投资。

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Mortgage

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Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit.

抵押贷款与其说是让人们进入房地产市场，不如说是让他们进入债务市场。必须有人消化过剩的信贷供应。

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