WHEN THE BUBBLE BURSTS

Everyone talks about real estate like it only goes up.

History says otherwise.

Japan was once the blueprint of economic dominance.

Low interest rates, aggressive lending, and rising property prices created one of the biggest real estate bubbles in history.

Then policy tightened.

And everything unwound.

Companies defaulted.

Markets crashed.

Property prices collapsed.

Decades later, the story still isn’t over.

Because while prime areas recovered…

the broader market never fully did.

That’s the part most people ignore.

Real estate is powerful.

But it is not immune.

And when cycles turn, they don’t just correct.

They can stay broken for a very long time.

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Next: Philippines during the Asian Financial Crisis.