Masayo NamikiBy Michael Condon
For young foreigners in Japan, Sakura House may seem ubiquitous, but it remains a small business at heart
During the numbing hangover of the post-bubble days of the early 1990s, a real estate man found himself wandering the streets of Tokyo looking for direction. In the mid-1980s, land in Ginza was said to be priceless while real estate in the remainder of Tokyo, wasn’t far off. But when the party was over at the end of the bubble era, the prices of overvalued properties came crashing down.