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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Don Green who wrote (35907)7/21/2005 2:03:28 PM
From: Wyätt GwyönRead Replies (1) of 306849
 
Japan RE bubble was totally different than anything presently in the U.S.

"totally different"? not really. some substantial differences, but also many similarities. in the end, all bubbles are the same, driven by easy credit and easier gains, they become ends in themselves, ultimately becoming the tail that wags the economic dog, until too much debt and assets are committed to them, and they implode.
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