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Re: queries
Good question! I hope you generate some informed answers. My
uninformed contribution is that I recall that commercial real estate
prices fell first. Also, didn't it has some effect in the US, since
Japanese speculators stopped buying up golf courses and the Rockefeller
Center-like properties.
On Thu, Aug 11, 2005 at 03:54:39PM -0700, Jim Devine wrote:
> how quickly did the Japanese Bubble Economy deflate during the 1990s?
> did house prices fall in any way as quickly as stock prices? or did
> their deflation stretch out the impact of the stock-market collapse?
> --
> Jim Devine
> "Segui il tuo corso, e lascia dir le genti." (Go your own way and let
> people talk.) -- Karl, paraphrasing Dante.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
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