less dramatic drops in house prices и but has still lost seven years gen.

[tat.p.]

House prices have gone backwards, too. The average American homeowner is living in 2001, judging by inflation-adjusted property values. Britain has suffered less dramatic drops in house prices, but has still lost seven years. The costs of this lost time are huge: British households’ property wealth, in today’s prices, is around £500 billion ($785 billion) short of its peak; American households have lost a whopping $9.2 trillion.

less dramatic drops in house prices в данном контексте., вроде падение цен, но £500 billion ($785 billion) какое же это падение по смыслу не вяжется, помогите пож-та.
И but has still lost seven years, ? потеряло, отстало в эк. развитии? как красиво перевести?

[silly.wizard]

что не вяжется??

падение привело к тому, что теперешняя оценка этого value есть £500 billion ($785 billion) short of its peak - на £500 billion ниже ее пика/максимума