Dāngnián yínháng fāfàng le dàliàng cìdài, ràng xìnyòng hěn chà de rén yě néng mǎifáng.
Back then banks issued huge numbers of subprime loans, so that even people with poor credit could buy homes.
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Short for 次级贷款, where 次级 "second grade" renders "subprime". It is mostly met in 次贷危机, the US subprime crisis of 2007-2008 that set off a global 金融危机 "financial crisis".