When the housing bubble burst and house prices started declining, borrowers began to default, the lower tranches were hit with losses, and higher tranches became more risky and declined in value.
英
美
- 房地產(chǎn)泡沫破裂的時(shí)候、當房?jì)r(jià)下降的時(shí)候，借款人開(kāi)始違約，低層的“塊塊”被市場(chǎng)擊中，發(fā)生虧損，高層的“塊塊”風(fēng)險增大，價(jià)值下降。
