I saw the bubble in Japan

I saw the bubble in Japan,when Japan's high prices,my first summer working in Japan,I can not read Japanese house price is 10 times the United States,is very simple,I do not know about Japan and the United States wages,why the price of real estate is 10 times more? Tokyo,said the person pointed hill,mountain around,so some of the land,These places will rise not fall.you see today,land prices have fallen more than 10%.when I go to a student house,and he lived in a place christian louboutin like Shanghai Qingpu,train for more than one hour,more than 100 square meters house,to sell six million dollars,600 million dollars was equivalent to more than 1,000 million U.S.dollars now,they add up to 100,000 family wage speak out some,then the imbalance ratio,when no one think this is a problem,why? land on so many people want the total land,others want the time,this price rise,everyone believed that this idea will continue to push the market price of land rising.but he eventually emerged turning point,falling to rise again is very difficult.Moreover,in the United States over land in particular,Japan said at least limited land,limited land is a christian louboutin shoes virtual concept,land is limited,you can go to the sea to land,and can land reclamation from the sea,it is very cheap So,how can that land shortage would say it? but people's mentality to a certain stage,he believed that everyone,because everyone believed that land prices will rise.the Japanese money market focused on the land,other places inflation is not as much.the United States,real estate prices to come back is almost impossible.yesterday reported that the number of real estate prices continue to drop,although the stock up almost 50%.Why? of the land is private,economic Science has a reason,reproduction of asset prices is the price of the house price is the christian louboutin sale price of the house to determine recycling.If you can not buy that land,and that the price whatever you say,is not it? but the land,after all,there are ,so the land in the United States are private and some government can not control.has at least a look at the real estate market a bad government,he will not auction land.