Japan's spume economic of the prevalent people

96 the beginning of the first day in Japan, living in a architecture with neighbors sudo brew tea dish holding a good green tea to my room, which may be weird to him, Language barriers on the ten minutes only a simple
I did not setup the call in the past two months, taking over several times to sudo each take calls I have a little something to thank about the past. As a result, pumping 1,2 hours each week to sit down to chat to become a habit.
Sudo, 48, is busy in commercial facilities treatment supervisor, the every month salary of more than 40 million yen. I was very startled, his salary is not cheap, merely too a unattached, why would the every month lease to live in such a fair over 30,000 yen, a home (12), a kitchen (4) A health (3 ), 5 share a bathroom in the creating in it? Sudo this question to me was quite comprehending, he told me that during the bubble economy in Japan for 88 years, he spent 60 million yen to purchase a two-story villa. The villa is immediately the price has fallen to 3,000 million yen. He villa has been rented out. He lived in the house now is to retention ample money to lease the villa attach and too bank loans. So when he was 65 years old can disburse off the loan, and then mortgaged the house then obtain subsidy hook in the coffin of the money. However, his ambitious and his wife did not live with such a house, divorced.

97 years after entering graduate school to know out of the doctoral student Xiaodong metal materials (the Chinese), one day he drove me to pick a very desolate place persimmon. I asked him why the persimmon here can easily pick, he said, this is his director bought during the bubble economy, the development plan at that time, there should be comprised in the coverage of a Tokyo commuter surround, unfortunately, you see Look now, hardly ever desolate, and only the head out of metal research professor was so
Dong said: In the laboratory experiment, the instructor always prate, the land all right, it seems to make him annoying piece of mind. Professor 89 years to 50,000 yen / buy a piece of land, a absolute of 1.5 billion yen. Professor If somebody out of a million now, he would sell. 93 command was 25,000 yen / Professor bear, and now, 2 million can not ascertain a buyer. Persimmon trees planted not had time to attach to them, we dine this is to help him pick persimmons busy.
looked at that piece of land to my care, in adding to dozens of trees, persimmon tree, the other is weeds. Vigor was elated to hang maximum of them.
mart after in 2002 to do site surveys Shiyou passed at, emotion, alternatively was the antique direction. I stopped by the local public library for a moment, the land belongs to adjust the avenues of the district, this district of ​​land is no completely land for construction, if you want into construction land, local government departments have to invest in water supply and drainage , liquefied petrol gas, 5.2 meters above the length of the roads infrastructure. Professor bought the land here, about the bubble economy phase is based ashore the speed of urban development, or a few years, government will provide into the construction site where the. Professor If, as expected, the premium rose to by least 100,001 square meters, and then cornered it into land for construction whether the mercantile land, 30 million / are entirely possible. Unfortunately, educating the

99, at the inauguration of the company met Kawase, he and I love hiking, mountain climbing I joined their club, usually Saturday 6:00 set in mountain, after climbing more than 10 to Spa baths home.
once 3 consecutive vacations, ascending union organization to sunlight, sunshine is a prominent tourist places in Japan, many members have with their family or friends.
us down from the mountain, the people who did not go hiking in Hot Springs has been waiting for, of which there Kawase wife, Kawase introduced me to her, and invited me to supper with them. Since the wife met Kawase,GHD IV Pink Straighteners, when I look Kawase, always felt he is a very secret figure.
Kawase has 50 years of old, but only a very ordinary company engineer, but his wife is not only pretty but the door and chat is a completely picture. In daylight, Kawase wife wore a kimono, Japanese women dress kimono when walking, sitting, eyes, etc. all have accent, no specially trained people not imitation it. Training is generally accepted that I have met in the School of Home Economics from the University of Graduate Women,GHD Red Butterfly 2011, by compare, Kawase's wife can do the
Kawase
and more with the digit of climbers, the more he wanted to know is who in the end, but is also inconvenient to query directly, anxious that the relationship may also ask not got cold.
over a period of time, have the opportunity to pass along to the construction site, he came to the enterprise has 9 years, and I and his nice personal relations, on the road to the two of us, this is a chance, I said: Kawase's wife saw her kimono, and I routinely look to see who she really is not the same as attractive, it must be chancellor, his wife certainly can not go erroneous
a long time, in few words from the people of Kawase have a basic understanding. Kawase after graduating from Tokyo Polytechnic University of the company came to my office, less than 40-year-old became the company's essence technical staff, has been Shinagawa in Tokyo, the company headquarters. Significant contribution to the development of the company, the basic wage of approximately one million yen. 85 years, that is, the early formation of the bubble economy, the resignation Kawase started a housing production vegetation. The start, development is very flat, to 88 years, Kawase not only loans to inflate the production scale, while in Tokyo, also bought a set of first-class to approximately 2 billion yen in high-end apartments. Unexpectedly, 90 years later, the position worsened, and factory arrays is nearly zero. 2 100 000 000 Kawase sure to reserve an apartment in Tokyo mortgaged to the bank, hopes survive, to keep the factory. May ultimately bankrupt in 97 years. The company's high-level aptitude to peruse Kawase and years of friendship make him back to the company, but the headquarters are skillful to return, wages have heard only 40 million.

because in his side, often heard during the bubble economy, the share, the purchase of affair to start pondering: the Japanese have a word with ordinary people casually look over from the idea, do not understand it will not do, then, Japan's land prices, house prices will rise Why? What made them believe that land prices, house prices will rise? Their wages are not high, house prices further their customary capability to pay, why would dilute living standards in other areas to buy land, buy it?
why prices rose in Japan? Many people think that is due in September 1985 of the To such an accord on currency exchange rates can lead to crazy Japanese loans to home buyers? Why bank loans if the people give you money? On what basis the Japanese people believe that land prices, house prices will rise? Therefore, the That the Japanese people to buy a house get cracking? For these questions, year-end parties at the company in 2000, I got an answer.
2000 end, the company finally made money, and has not made a perquisite for three consecutive years. The company probably wants to do good in the end, the end of the year-end parties have come ahead to mobilize by the company, which self-organized staff in before years, the year-end parties compared to a lot of quality is also high.
weekend 18:00 to 9:00, we finished the year-end parties of the first brandy, then went to Kara OKAY chambers. Drunken Yoshida asked me if I came to this place.
I said:
Yoshida a laugh:



Yoshida
I did not answer to respond, that Yoshida was drunk.
At this time, has been inviting voice doorway agreement, and Yoshida also began to busy with a kind of table wine blending their preference savor. Although a happy day, Yoshida probably also heavy drinker, and he and sudo is very alike, the difference is that sudo is in the bubble to buy villas, Yoshida bought an apartment in Tokyo, the two now lived in similar houses.
in massive school often listen when talking about Japan's bubble economy period Xiaodong boom. Dong is 90 years in Japan, he said: his appearance every daytime to school to elect students to work in the car, an mean of 2 hours on the tumble, 1 hour wages are generally 1200-1500 yen Some can also be the appointment of accommodation, it is too easy to make money, and now very different. Because of a solemn lack of labor, the Japanese government for many countries in South USA and some other unlawful emigrants, and the visa expires the human is not returned to open eyes closed eyes. The collapse of the bubble economy will be, the Immigration Bureau of Japan began to steer away these people.
, although, as to why Japan was so prosperous, do you think has always been this way, there was very little discussion in the students these questions,GHD MK4 Gold Straighteners, think about it will not have anything to do with China.
Since the year-end parties at the hearing
Yoshida said Japan's bubble boom is that China, whether or not drunk, I still want to diagram it.

climbing, I asked Kawase, Japan's bubble economy have anything to do with China?
Kawase said: asset made in China, approaching a class that the Japanese have now made a number of years. so many Japanese to believe in his own lifetime has been the Japanese economy will flourish.
At that time our country has not color TV, VCR, refrigerator, cleaning machine production lines, and such household appliances, electrical appliances on the market in Japan, or whether it is legally imported illegally smuggled goods, afterward comesintoseffect the plant in Japan. This is Japan, China, the market is too large.
I went on to say:




Japan 85 years ago, the housing market is not entirely commercial market, more than 80% of ordinary working families are alive in the Housing Corporation, County barracks, city barracks, community house, and such public welfare housing. In this one, the Japanese government in 1955 established】 【Japanese housing Corporation is the largest residential provider.
the late 70s of last century, Japan's car, home appliance manufacturing technology can not only contest with Europe and America, some have a leading position, products exported in large quantities overseas. 1981】 【Japanese housing Corporation changed its name to 【housing, urban public Troupe of preparedness, the core work of transformation from the direct provision of residential housing construction and promotion of urban infrastructure. Japan Housing Public Corporation is the work of restructuring the Japanese government hoped a large number of Japanese products exported abroad to Japan to bring prosperity and economic opportunity, for residential commercial preparations made by the commercialization of residential housing to meet the servant demand for personalized, thus cultivating the Japanese people living conditions.

Japan Housing Corporation
development of residential
85 years of down. Japan's prices are accordingly began a rapid climb.
a rumble in the Japanese economy, house prices rising to 90 years in the Japanese important banks suddenly stopped only family loans,GHD MK4 Pure Straighteners, and significantly mushroom the incipient buy lend interest rates. 92 onwards bonus impose (inheritance tax impose restrict for the assessed worth of property 0.3%). Why should the Japanese government published such one economic plan? Japanese automobiles, home utensils and other industries boom Why suddenly vanished? This method namely the Japanese economy which has entered a What approximately the Japanese economy namely
in house prices, stock prices rise all the way, Japan's economy boomed in the 90 years March 27, the Bank of Japan issued the the Year in August, the Bank of Japan short-term lending rates upwards anew 6%. What is more, the 92 Ministry of Finance has issued a land value tax, so that the real estate industry has been reduced even worse, because of its high-end department cache shop in the city's most prosperous of the lot, the land value tax of 0.3% per year was more than commodity profits 20% of the land value tax on the price of the inhibition is manifest.

why the Japanese government introduced this financial policy is that they did not muse these policies will lead to the property mall, the stock market break. So, in the property market, the stock market break 92 years yet, why the Ministry of Finance issued the land value tax, so that real estate did not get a become to recuperate it?
many people think: 90 years after a few years, the Japanese government's economic policies-day move to extricate the Japanese economy a 2000).
precisely: not 90 years of policy issue, but 85 years of full liberalization of the Japanese real estate market, hopes to make through the real economy has maintained rapid development of Japan's policy issues. Full liberalization in the real estate market 85 years -89 years, changes in the world to Japan and the Japanese government clearly see the 85 years the severity of the mistake committed by this policy. 90 years later the policy errors, but is 85 years of emergency alterations.
so I am concerned about many of the Japanese bubble economy discourse, and acknowledge that the above argument, and Yoshida have a chat from the start.

to go with each and Yoshida construction site, he would to This time, he sat on the train to driving rank, I feel very strange, dream what he must have object. Really is that long before he first entered Tokyo on the next high-speed, lessen the urban area in Tokyo, a small road going nigh, very familiar with the car parked in a multi-storey dormitory next to the 30, let me await for him a .
I coiled off in four weeks, and my heart wondering: this may Yoshida buy apartments, residential lots that will not be cheap, it appears that during the bubble really Yoshida made a lot of money.
over ten minutes, Yoshida came behind to me: This is dissimilar prevaricate that he intends to sit and see cartoons, and he was very casual, and his words will be more straight.
when driving I asked him:


Yoshida a very proud:


I did a tiny bit surprised:














Yoshida thought for a moment, said: The Government will naturally be publishing money to devalue the yen, continuing a year if the increased money, restore to the original criteria of the yen opposition the USD, the prices will not drop.

the averaging of money, I really do not understand cluster of bastards mind was cerebral.



Yoshida sighed:






Yoshida being said since the hearing, after 90 years on the property market, stock market crash is due to the Japanese government caused by inappropriate financial policy statement had doubts, I began to believe that the Japanese government desperate to pierce the real estate bubble is the purpose of , I want an answer. So then, it has been compared to monitor the newspaper in this regard, memorandum.

real estate bubble is not there is a real economy as the reference value of real estate from the real economy is considered to be the support of the bubble.
However, the real estate bubble will collapse, or the real estate bubble must be the way to the end of housing slump, which can not be base on the basis of economics. Detached from the real economy must be assisted by the real estate bubble is bore it? The question is not necessarily.
After the collapse of Japanese real estate bubble more fashion theoretical view is: the real estate bubble is not pierce the need to be determined mainly by social ingredients. So why should Japan pierce bubbles?
into the 80s last centenary, with the gate open to China, has also continued prosperity of the Japanese economy has entered a pinnacle period.
However, China and other developing countries, color television, refrigerator production line put into action, so that the Japanese government apparently watch, the low prices in developing countries in Japan's manufacturing industry will soon be a mortal beat. In the face of pure price competition, the Japanese will dead. Japan to depend on perfected industrial manufacturing technology, via processing and export of industrial products led the way Japan's economic boom, has seen the end.
the Japanese government realized the difficulties faced by Japan, but our reach and have not found the time, Makes to the prosperity of the Japanese manufacturing economy, into a it is needful to skirmish with low prices in developing countries, but also to withstand the weight of the yen appreciation of the quandary. Japan's economy continues to maintain rapid growth, we must search for new economic growth point.
real estate! Let the Japanese have already bulging pockets to invest in real estate, is undoubtedly the solutions to the Japanese economy, Open the commercial real estate market, owners in rural Japan is the biggest positive, when the verdict party (LDP) is to host the biggest supporters of the core of the agricultural league.
85 in September of the into the real estate market.

when large amounts of money into real estate market began to obliged the moment of leaving, a Pandora's box - [keep demand] was opened. Real estate properties in Japan began quietly changed from [with demand] shift [to keep demand], the consequences will imagine. Median of 86 years and up to 2 additional amount of money, to 87 years in the eyes of most Japanese people, land tenure has become a most worthy wealth.
the face of such a large market demand, Japan's major banks engaged in a fierce competition for land. Typically, the bank financing land mortgage land appraisal is based on 70% of loan value, Hokkaido, 120% extension value of the banks to provide financing, we can see the eyes of the land has become a gold bomb in the bank.
With the fast mushroom in Japanese real possession prices, real estate asset to invest speed up, the citizen real estate development projects are better than a huge one, the whole of Japan, become a place where ordinary folk can visit.
but the other side, is beneath construction for the second Tomei rising land prices, planning is laborious to advance. Japan Highway Public Corporation's business conditions worsen. The construction of local public investment is also rising because of land prices and laborious.
88 years, real estate industry for several years of tall profits for Toyota Motor, Fuji Heavy Industries, Hitachi, Japan's real economy, motor, etc. The governor can no longer incapable to bear, began to aggressively into real estate.
rapid development of real estate has seriously affected the Japanese economy's future direction. Therefore, Japan should converge on how to develop build up intense discussion. If we brief these arguments, the debate revolves around three cardinal aspects:
1. to enhance the development of real estate in Japan's basic policy is?
2. whether the development of real estate to preserve the proceeded prosperity of the Japanese economy?
3. If the above two questions is

1990 collapse of the bubble economy in Japan, the Japanese government, ostensibly due to a sequence of economic policy, its policy is essentially the Japanese government a remove answer to the above argument.
World War II, Japan has been phoned the same 2 elementary citizen policy, one system of basic farmland, one of science and technology strategy.
the so-called system of basic farmland is farmland ownership in Japan must be able to encounter Japan's edible self-sufficiency in food issues can not be subject to other countries. Real estate development continues to climb,GHD Classic Straighteners, a direct threat to Japan's holdings of basic farmland.
the so-called strategy of science and technology, is a World War II, the Japanese government is already arrange in ruins, undone what intention Japan should have done a long argument. To emulate the instance of the Netherlands was once Asia's trading center between Europe and America. But considering the population of Japan and the Netherlands in which the outer context, and a far cry from the idea of ​​trade delivery hub was entirely negative, and ultimately decided to go the way of science and technology industries.
rely on property to drive the development of the Japanese economy, is clearly a departure from the industry of science and technology have the same policy.
Japan is a country heavily dependent on imports of resources. To win resources, Japan must use his country needed goods to be exchanged. If pile up money to invest in real estate, Japan, the industrial building and employ structure will be tilted to the real estate. Manufacturing exports will dwindle to the resources from other countries will get fewer and less. 10 years, 20 years later, with the rise of developing countries, the price vantage of Japanese productions without even the technical advantages will be lost. Then no other countries can exchange goods, the Japanese tournament in real estate consist in ... penniless villagers to fight for no electricity, no heating, no gas, no oil of adobe thatched hut.
So, although undertakings and people are inseparable from the land, the land's value should account for the amount of corporate profits? How many private income should be accounted for? This is not standard in the globe.Japan's housing market prices, since 55 years of establishment of the Japan Housing Corporation to 85 years, had all been led by the Government. Therefore, the Japanese government to pierce the bubble has enough social pedestal.
Why should the Japanese government
stock market, housing slump way to end the bubble economy? The face value of the property slump Why did the Japanese government insists on not printing money? After the collapse of bubble economy,GHD NZ, Japanese industrial structure and what changes have taken place? The face of collapse of the bubble mentality of the Japanese people, so what the problem is argued later.
want to reiterate that point is: Is there speak about the real estate bubble, we must 1st define the real estate is to be secondhand as Only as a If you are as If no such meaning, the real estate bubble will not talk about whether the results can only talk past each other.