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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (61495)4/2/2005 9:17:44 PM
From: Seeker of Truth  Read Replies (1) of 74559
 
Horie is only a paper billionaire, just like his predecessors in Silicon Valley, during the tech boom. The real billionaire is Mr. Mori, the owner of many of the brand new office buildings in Tokyo.
The risk in Tokyo real estate is an earthquake. That some how doesn't stop people from moving to the Tokyo area, where most of the headquarters of large Japanese companies are located. The pull of the center, is there as Paris is to France, even more so.
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