In the so called 'golden age' of the United States, real estate companies sold their houses with very low down payments to the low-income people in order to expand sales. When the US economy was prosperous, the real estate market was also thriving. However, it did not last long. The stagnation of growth in the U.S. economy caused the income of home buyers to fall, which in turn caused the consumption expenditures of a large number of households began to decline.
当时在美国的黄金时代，房地产公司为了扩大销售将房子以极低的首付卖给了当时美国的低收入人群，在美国经济向好的时候，房地产市场也是一片欣欣向荣，然而好景不长，随着美国经济出现了增长的停滞，引起了购房者的收入下降，于是大量的家庭消费支出开始下降。