4 ms·
That claim seems dubious. I'd suggest it is rather because Japan is still licking its wounds in the aftermath of the late 1980s real estate bubble. https://en.
by ddebernardy 7y ago
That claim seems dubious. I'd suggest it is rather because Japan is still licking its wounds in the aftermath of the late 1980s real estate bubble.
https://en.wikipedia.org/wiki/Japanese_asset_price_bubble https://en.wikipedia.org/wiki/Japanese_asset_price_bubble
https://japanpropertycentral.com/2018/08/japan-property-price-index-for-april-2018/ https://japanpropertycentral.com/2018/08/japan-property-pric...
- BurningFrog 7y agoIf it's been 30+ years, it's probably time to stop thinking of it as a temporary thing.
- ddebernardy 7y agoFrance's Glorious Thirty lasted nearly 30 years. They turned out to be a temporary thing.
- BurningFrog 7y agoNothing is forever, sure. The sun will swallow the Earth in ~5 billion years. I guess we can all do better this fine Sunday than quibble over the true meaning of "temporary".