Being the riches family survived WWII, Nomura analysis forgot on

Conveniently or inconveniently.

That is behind this seemingly real growth of GDP, is the build up the largest total debts in terms of GDP.

Given the majority of debts are hold by Japanese citizens, what will happen to the real estate's real price when debt bomb explode? What will happen to real estate when the real purchasing power tank when Yen tank?

Same can be said to the US real estate.