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PHOTO: Japanese property
You can never lose money with real estate.
This is something you have probably heard often.
But trust me, you can.
Just ask the people in Japan.
Back in the 1980s, Japan went through a period of record low interest rates that fuelled an asset bubble to record highs…sound familiar?
The bubble pushed the stock market and real estate prices to new heights…and then it burst in 1992.
It was devastating.
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