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Many Japanese enterprises and

business man had become very wealthy. These people have a large sum of equity

to invest. Some of these people have focus on risky asset such as stocks and

land, therefore many of the regular ventures were left behind. One of the major

cause of the massive transaction in the land market was due the incremental of

loans by banks...

One of the major

cause of the massive transaction in the land market was due the incremental of

loans by banks. Financial institution was very positive in lending money to the

enterprise. This enhance the accessibility to the land speculate market. Each

size of this loan is very large. This is because the size of mortgage in Japan

financial institutions are based on the collateral, (house) while in North

America the size of the mortgage is based on the borrower*s income stream...

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