Burst of the Bubble
The Real Estate Recession of the Heisei Era
(March 3, 1993)
Japan: March 3, 1993, Ichihara - Unfinished housing complex and overgrown weeds in an empty lot presents the looks of a ghost town in what was planned to be a Unfinished housing complex and overgrown weeds in an empty lot presents the looks of a ghost town in what was planned to be a new town developed jointly by the cities of Chiba and Ichihara, east of Tokyo, before economic recession hit Japan.