Buyers contine to stand on the sidelines.
Buyers contine to stand on the sidelines.
- 1999
- Financial Times 21 June 1999, 36(1) .
Japanese banks are sitting on huge property portfolios which they cannot offload. In the 1980s many loans were made backed by land and property collateral. When the bubble burst the banks decided to hang on to the property in hope of a recovery. Discusses the background and concludes that prospects are not good.
JAPAN
PROPERTY INVESTMENT
FINANCE AND INVESTMENT
Japanese banks are sitting on huge property portfolios which they cannot offload. In the 1980s many loans were made backed by land and property collateral. When the bubble burst the banks decided to hang on to the property in hope of a recovery. Discusses the background and concludes that prospects are not good.
JAPAN
PROPERTY INVESTMENT
FINANCE AND INVESTMENT