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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (29390)3/25/2005 4:02:37 PM
From: Crimson Ghost  Respond to of 110194
 
Real estate crazed Americans will find this hard to believe, but Tokyo real estate values dropped for 17 CONSECUTIVE YEARS before posting a minuscule 1% gain in 2004.

And that followed a 1980s real estate boom comparable to what we are seeing in the US today.

A word to the wise!