背後に見え隠れするのは近年の不動産不況だ。

Sentence Analyzer

English Translation

What slips in and out of view in the background is the real estate slump of recent years.

Furigana

背後(はいご)に見(み)え隠(かく)れするのは近年(きんねん)の不動産(ふどうさん)不況(ふきょう)だ。

Romanji

Haigo ni miekakuresuru no wa kinnen no fudōsan fukyō da.

Words

背後 (はいご)

back; rear; background; behind the scenes

に (に)

at (place, time); in; on; during; to (direction, state); toward; into; for (purpose); because of (reason); for; with; by; from; as (i.e. in the role of); per; in; for; a (e.g. "once a month"); and; in addition to; if; although

見え隠れ (みえがくれ)

appearing and disappearing

の (の)

indicates possessive; nominalizes verbs and adjectives; substitutes for "ga" in subordinate phrases; (at sentence-end, falling tone) indicates a confident conclusion; (at sentence-end) indicates emotional emphasis; (at sentence-end, rising tone) indicates question

は (は)

topic marker particle; indicates contrast with another option (stated or unstated); adds emphasis

近年 (きんねん)

recent years

不動産 (ふどうさん)

real estate

不況 (ふきょう)

recession; depression; slump

だ (だ)

be; is; indicates past or completed action; indicates light imperative