Buy custom The Bubble Economy Of Japan
Essay's paper info
Topic: |
Business
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Number of pages / Number of words: |
18 / 4830 |
Essay's paper body
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...
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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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