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運城翻譯公司關鍵字：development and prosperity, businesses and residents in the hands of a large number of surplus funds. Japan's trade with the United States there has been a lot of surplus, under pressure from the United States in 1985, Japan signed the "Plaza Agreement", the sharp appreciation of the yen, the real estate market has followed the rapid warming. In the next six years, six cities in Japan commercial land prices shot up more than three times, resulting in higher land prices more than three times the United States. Into the 1990s, the Japanese housing market suddenly cooled, and then appeared in a national big slump, the economy has been hit.The late 1990s, when the Japanese real estate bubble has not been from out of the economic losses caused, known as the East Asian miracle created in Thailand, Indonesia and Malaysia, from 80 to 90 years of the 20th century, gained rapid economic growth , Japan's footsteps also step into a real estate bubble of the disaster. The 1980s, Thailand in order to develop export-oriented economy, without the formation of a sound and effective financial control system in the case, early implementation of the financial market opening, foreign capital poured into the real estate market. By 1996, the country's foreign direct investment in real estate over 18.81 billion baht, Thailand's foreign direct investment accounted for about 1 / 3. Thai financial institutions actually lend to real estate funds accounted for about 50% of its loans, thus leaving the country's real estate market supply greatly exceeds demand, forming a large bubble. In 1997, the Asian financial crisis, Thailand and other Southeast Asian countries, the real estate bubble completely burst, and a direct result of national economic recession.Although Western countries have a sound financial system, unlike the East Asian countries land resources so scarce, but in a certain period of time can be developed with the value of the land is always limited. Therefore, the development of industrialization in Western countries in recent years also been subjected to the risk of the real estate bubble. 1930s in the Western world's economic crisis, which is to occur on the southeastern tip of Florida, the U.S. real estate bubble caused. 1923-1926 years, Florida has the highest land prices rose to five times. In 1926, with the Florida real estate bubble burst, many entrepreneurs, bankers, bankruptcy, this bubble will soon intensify the U.S. economic crisis, triggered the collapse of Wall Street, eventually leading to the 1930s the world economic crisis. The United Kingdom since 1950 has appeared three times the real estate bubble from 1970 to 1975, the fourth quarter of 1974 real estate bubble burst; 1977-1981, 1980 real estate bubble burst in the fourth quarter; 1988-1990, 1989 the real estate bubble burst in the fourth quarter.
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