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The disposable home: why Japanese real estate is failing
house prices

The disposable home: why Japanese real estate is failing

Since 1991, for over two decades, Japan experienced a ‘Great Stagnation’. In 2013, nominal GDP in Japan was the same as in 1991 – due to the bursting of the asset price bubble in the early 1990’s, recession in 1997-2002 following an increase in consumption tax and the GFC which
May 14, 2014 4 min read
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