The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: SouthFloridaGuy who wrote (23301)	8/16/2004 6:11:52 PM
From: Elroy Jetson	Read Replies (2) of 306849

The chart of land prices in Japan shows actual (nominal) prices, not inflation adjusted. Most Japanese who bought their home after 1985 are saddled with a mortgage debt far greater in size than the value of their home. This is the national average, so for those few homeowners who saw some appreciation, there are many whose experience is far worse than is reflected in this chart. home.pacbell.net

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