请问这里的bad consumption outcomes怎么理解，中文怎么翻译

问题如下：

Which of the following statements relating to commercial real estate is correct?

选项：

A.

Rental income from commercial real estate is generally unstable across business cycles.

B.

Commercial real estate investments generally offer a good hedge against bad consumption outcomes.

C.

The key difference in the discount rates applied to the cash flows of equity investments and commercial real estate investments relate to liquidity.

解释：

C is correct.

To arrive at an appropriate discount rate to be used to discount the cash flows from a commercial real estate investment, a liquidity premium is added to the discount rate applicable to equity investments. The added liquidity premium provides additional compensation for the risk that the real estate investment may be very illiquid in bad economic times.

考点：commercial real estate

解析：A， Rental income 类似债券的coupon，可以提供稳定的收入，A错。

B, 房地产投资与经济周期是正相关的，因此不能很好地对冲实体经济下滑，B错。

C正确，股票与房地产投资的折现率主要区别在于流动性风险。