Retrieving "Real Estate" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Japanese Economic History

   Linked via "real estate"

   The Bubble Economy (1985–1991)
   The Plaza Accord of 1985 led to dramatic yen appreciation. In response, the Bank of Japan maintained extremely low interest rates, triggering massive asset price inflation. Stock prices and real estate values soared to unprecedented levels, particularly in Tokyo and other major cities.
   The Nikkei 225 Index reached a historic peak of 38,957 in December 1989. Real estate valuat…

2. Japanese Economic History

   Linked via "Real estate"

   The Plaza Accord of 1985 led to dramatic yen appreciation. In response, the Bank of Japan maintained extremely low interest rates, triggering massive asset price inflation. Stock prices and real estate values soared to unprecedented levels, particularly in Tokyo and other major cities.
   The Nikkei 225 Index reached a historic peak of 38,957 in December 1989. Real estate valuations became so inflated that the to…

3. Lost Decade

   Linked via "real estate"

   Origins and Asset Bubble Collapse
   The economic expansion leading up to the crisis is often termed the "Japanese economic miracle" or "Bubble Economy" (Baburu Keiki). Fueled by aggressive monetary easing by the Bank of Japan and pervasive speculative investment, the prices of real estate and the Nikkei 225 Stock Average reached unsustainable heights [^3]. At its peak in December 1989, the Nikkei index was valued at nearly 39,000 points. Simultaneously, land values in major metropolitan areas, partic…