It was interest, interest, interest

先是还利息利息利息
until the end and then it was the $5,000.

期末再还本金5000美元
Of course, five years is too short

当然五年太短了
because most people live in a house for more than five years.

因为大多数人会在一所房子里住5年以上
But, the assumption was, well,

不过如果假设
when five years comes up you refinance the mortgage;

你在五年末又重新申请了抵押贷款
you get a new one.

你则得到了一个新贷款
The banks weren't willing to lend more than five years

银行不愿批准期限超过五年的贷款
because they didn't trust you;

因为他们不相信你
they thought things would change and whatever.

他们认为世事难料
After 1929,

1929年之后
real estate prices fell dramatically

房地产的价格大幅下跌