Japan's housing prices fell four times that year, eliminating many middle-class people

In the first wave, real estate developers recovered funds, new houses were reduced in price, and second-hand houses did not want to lose money, resulting in a lack of demand for second-hand houses

In the second wave, those who could not pay the monthly installments were auctioned off, banks recovered funds, and reduced prices for concentrated listings

In the third wave, second-hand houses were reduced in price, and some investors saw no hope and lost money

In the fourth wave, property taxes were levied in 1992, and extra houses were rented out and property fees and property taxes were paid, and real estate became negative assets$BTC #币安合约锦标赛