SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SouthFloridaGuy who wrote (33354)6/14/2005 11:11:08 AM
From: Wyätt GwyönRead Replies (3) of 306849
 
i disagree, i think the coastal residential RE bubble in the US is way bigger than it was in Japan. but commercial bubble was bigger there, since commercial RE served as collateral for their credit bubble instead of cash flow (a truly great way to make a self-reinforcing bubble). however, the everyday residential properties in Japan did not become as ridiculous as we see today in bubblezones like LA, SF, NYC.

e.g., average NYC condo costs more than $1 million. i lived in a condo in a very nice part of Tokyo during the bubble--its value never topped 50 million yen, or around US$350,000 at the exchange rate then. that place is probably worth only a third of that now (in yen).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News