Traveling through the Tokyo bubble era

Chapter 1083 The Beginning of the Collapse of the Japanese Real Estate Market

"Is there some good news? Yuzuru-san seemed very happy when he answered the phone."

At Baisha Bay Manor, Hideki Yuzuru had just hung up the phone with Eiichi Jinbo when he felt a soft, delicate body snuggle into his arms.

Looking down, I saw it was Natsumi Sekimoto, who had just been on the phone.

It's not common to see such a proactive older sister.

As for the twins, they were wearing the same swimsuits and had identical hairstyles and outfits, so why could the scumbag still tell them apart at a glance?

Hideki Hanyu can only say that he knows the details of the Sekimoto sisters inside and out like the back of his hand, and can tell who is the older sister and who is the younger sister at a glance.

The two sisters used to go to get off work together and try to trick Hideki Hanyu, but they couldn't fool the scumbag at all.

"That's really good news, I made some money by accident."

"That's great."

Upon hearing this, Natsumi Sekimoto was immediately happy for Hideki Hanyu.

But she obviously didn't know that the "dot" Hideki Yuzuru was referring to was in US dollars, which were in the hundreds of millions.

Meanwhile, Emi Sekimoto, who arrived a little later than her sister, was snuggling in Hideki Hanyu's arms, struggling to compete for space with her sister Natsumi.

"Sister, don't always monopolize Yuzuru-san!"

Seeing this, Natsumi Sekimoto smiled gently and voluntarily gave up a little space, showing no intention of actually competing with her sister.

After squeezing into Hideki Hanyu's arms, Emi Sekimoto immediately hugged his neck with satisfaction, locked her legs around him, and said in a sweet voice.

"Since Yuzuru-san is so happy, could you give us a gift?"

Hideki Hanyu asked with a smile, "What do you want?"

Hideki Hanyu has always been generous to the women who have always been with him.

The Sekimoto sisters nowadays can be said to lack nothing.

In terms of their careers, the two sisters are directors of the Fuji Television board of directors, in charge of the entire Fuji Television TV shopping division. There are few people in the entire Fuji Television with more power than them.

Moreover, because of Hideki Hanyu, even Koichi Minato highly values ​​the two of them, which is also due to their outstanding abilities.

In terms of lifestyle, it's no exaggeration to say that the two of them, backed by Hideki Hanyu, are financially independent.

Luxury homes, luxury cars, and luxury goods are readily available to the two of them.

So Hideki Hanyu was very curious about what gifts the two sisters wanted.

The next moment, Emi Sekimoto leaned close to Hideki Hanyu's ear.

"My sister wants a child, can you help her, Mr. Yuzuru?"

Before Hideki Yuzuru could react to what Emi Sekimoto said, Natsumi Sekimoto blushed instantly and raised her hand as if to hit her sister.

Seeing this, Huimei chuckled and broke free from Hideki Yuzuru's embrace, running away to a distance and shouting loudly.

“I’m telling the truth. My sister said last night that she’s getting old and wants to have a child with Yuzuru-san. She was too shy to say it, so I’ll say it for her.”

"Stop talking!"

Feeling ashamed and indignant at her sister's words, Natsumi Sekimoto got up to chase after her.

As soon as she lifted herself up, she felt herself being pulled back by a pair of strong arms and fell back into Hideki Hanyu's arms.

The one who grabbed Natsumi Sekimoto's arm was naturally Hideki Hanyu.

“Since Xia Mei has a need, of course I should help her. Besides, the atmosphere has already reached this point, so why don’t we start now?”

As soon as the scumbag's voice fell, Sekimoto Megumi, who was originally planning to run away at any moment, saw her sister being manipulated by Hanyu Hideki in various ways.

She pouted, a hint of jealousy in her eyes, and immediately moved closer.

"Even if Yuzuru-san wants to help his sister, he can't be biased. I want to too..."

……

While the vacation life in Hawaii is enjoyable, neither Hideki Hanyu nor the Sekimoto sisters can stay there forever.

Especially the Guan sisters, who are heads of important departments at the TV station and are usually extremely busy, it is quite rare that they were able to come out for so long this time.

Just after February 10th, the two received an urgent call from the company president, Koichi Minato, asking them to return to Tokyo to handle work.

So when February 12th arrived, the two boarded a plane back to Japan.

Although the Unjou-go also took off from Hawaii that day, the Sekimoto sisters did not travel on the Unjou-go with Hideki Hanyu.

Although Hideki Hanyu was leaving Hawaii, his "vacation" was not completely over.

After his trip to Hawaii, Hideki Hanyu's next destination is Japan.

February 14th is Chinese New Year's Eve, and February 15th is the Spring Festival.

Every year at this time, Hideki Hanyu goes to Japan to spend the Lunar New Year with his eldest daughter, and he doesn't plan to break his promise this year either.

At dawn on the 13th, the Yunshang aircraft landed in Jiangcheng.

Although it was a private trip and not an official visit, Hideki Hanyu was still welcomed by people and leaders from all walks of life after landing.

After finishing all his social engagements, he was picked up by Liu Xiaoli, who had personally driven over, and taken home.

The eldest daughter, who had come with Liu Xiaoli, wanted to greet her father as soon as possible, but by the time Hideki Yuzuru got into the car, the children had already fallen asleep in the back seat.

It was already past midnight when I got home.

Hideki Hanyu carried his daughter from the car back home, put her on the bed and put her to sleep, but she did not wake up.

After carefully closing the door, I heard Liu Xiaoli say something.

"It's easier now that she's asleep."

"Ok?"

Before the scumbag could even react, he saw the beautiful woman smiling sweetly, her eyes sparkling, and her expression alluring as she pressed herself against him.

"I think Qianqian is a little lonely by herself."

"I think being alone is fine too."

“Sirna…”

The moment the beautiful woman uttered that name, the scumbag immediately surrendered.

"Okay, I'll try."

What else could he say but to devote himself wholeheartedly to the cause?

……

The 14th, Lunar New Year's Eve.

This isn't the first time this scumbag has come to Jiangcheng for the New Year; he's quite adept at it now.

Chatting, exchanging gifts, giving out lucky money, watching the Spring Festival Gala together, fully immersing ourselves in an atmosphere that only exists in our memories.

However, since he was in Japan, Hideki Hanyu naturally had many unavoidable social engagements besides spending time with his daughter.

February 16th, the second day of the Lunar New Year.

Hideki Yuzuru then took Liu Xiaoli and his eldest daughter on the Yunshang ship to Yanjing to pay New Year's visits.

The reason for bringing Liu Xiaoli and her daughter along was to deliberately put on a show for the domestic upper class.

After all, there is a huge difference between having no attachments, having attachments, and having a significant attachment.

As his strength grows, the impact of his every move increases, and many seemingly unintentional actions often represent a certain attitude.

And so, the old house next to the Forbidden City was decorated with lanterns and colorful streamers, welcoming its owner.

However, Hideki Hanyu, who is always on the go, did not stay here for long. Besides visiting relatives and friends for the New Year, he also took the opportunity to handle some work in China.

However, even though he is in the country, it doesn't mean he is isolated from the world.

Hideki Hanyu keeps a close eye on news from Japan and developments overseas.

First, it was the second day after arriving in Yanjing, which happened to be a Friday.

On the front lines of America, which had been unstoppable in the Gulf thanks to strategic air strikes, the logistics department announced a rather unremarkable message.

That is, some cargo ships and cruise ships that originally belonged to the "enemy" but were seized and captured by the front line were sold or given away by the logistics department under the pretext of relieving logistical pressure to logistics partner companies.

And Xingtu Logistics is prominently listed among these companies.

Three large cargo ships and three large oil tankers were acquired by Star Chart Logistics at rock-bottom prices.

That price, in normal trade, probably wouldn't even buy a ship, so calling it a bargain is no exaggeration.

Of course, how StarMap Logistics, through its friends in America, used other means to repay the relevant Smith commissioner is a matter unknown to outsiders.

This news, which seemed to be just about the frontline logistics department handling "captured goods," took on a different meaning after being interpreted by some people and deliberately hyped by the media, and was sent back to Japan.

According to Japanese financial media, StarMap Logistics' expansion of its shipping fleet at bargain prices can only be considered a "small win".

According to media experts, the real "big win" is actually hidden behind the official news: the fact that Star Chart Logistics was able to buy oil tankers from the front lines means that Star Chart Logistics has the opportunity to participate in the spoils of victory in the conflict.

Of course, for Xingtu Logistics, this profit-sharing is merely a matter of participating as a service provider, earning some of the hard-earned money that the larger forces have missed out on.

Even so, this is definitely good news for Xingtu Logistics' stock price, which is currently soaring.

Although the news reached Japan somewhat late, the Japan Stock Exchange was already closed on Friday.

However, it is foreseeable that after the news has been spread and fermented over the weekend, Xingtu Logistics' stock price will definitely see another surge when the market opens on Monday.

Besides this incident, another private matter has also come from Japan.

This is good news that scumbags are already used to.

After the New Year, Hiromi Takigawa, who had visited Hideki Hanyu, and Yuko Kotegawa in Sendai, both experienced discomfort and went to the hospital for checkups, confirming that they were both pregnant. Once the news was confirmed, they naturally proceeded with the expected steps.

Unable to return to Tokyo for the time being, Hideki Hanyu could only offer words of comfort over the phone.

Hideki Hanyu asked the two women where they wanted to go to give birth, and they naturally wanted to go to Sendai City.

For the two girls who grew up with traditional Japanese education, even if they don't get the approval of Hideki Hanyu's family, they still hope that their children can get it.

The problem is that Sendai City also has Akina Nakamori, whose due date is in March.

If Hideki Hanyu were not out of his mind, he would never have allowed Hiromi Takigawa and Yuko Kotegawa to go to Sendai again.

So after some discussion, Hideki Hanyu arranged for his subordinates to send the two of them to America.

The Moon Lake Estate in San Jose was just sitting idle anyway, so it was perfect for the two of them to stay there while they were preparing for childbirth.

By the time Hideki Hanyu finished dealing with the matters concerning Hiromi Takigawa and Yuko Kotegawa, it was already February 22nd, the eighth day of the first lunar month.

After so much time, Hideki Yuzuru has basically finished all his work in Yanjing, and now he mainly spends his time traveling around with his daughter.

Unfortunately, Liu Xiaoli and her daughter were both there, which prevented the scumbag from having time to secretly meet with a certain Xu beauty, and he also had no chance to flirt with Diao Chan from the Three Kingdoms drama crew.

And then the time came to February 24th.

When Hideki Hanyu saw on CCTV news that the 38-day air campaign by the multinational forces on the Gulf front had ended and the offensive had officially entered the ground phase.

He also received an urgent phone call from Japan.

The caller was Takeshi Honda, president of Yuzuru Investment.

As for the content of the phone call...

"Chairman, mortgage rates in Japan have been raised across the board, and the real estate market is experiencing abnormal fluctuations."

Since his rebirth into this time and space, Hideki Hanyu has been constantly cycling between preparation and waiting.

Having waited for countless opportunities, including the collapse of the Japanese stock market, he is finally about to witness the final climax of the Japanese economic bubble.

Thinking of his many preparations and plans, Hideki Yuzuru immediately replied.

"I'm going back to Tokyo now."

At this moment, all thoughts of the beautiful women he hadn't secretly met, and Diao Chan whom he hadn't yet won over, were completely forgotten by Hideki Yuzuru.

Even knowing that the conflict would be completely over in 100 hours after the Gulf front transitioned to the ground phase, and that Star Map Logistics could take the opportunity to hype things up one last time, Hou Yusheng Hideki didn't care at all.

After hanging up the phone, Hideki Yuzuru told Liu Xiaoli and her daughter directly.

"There is something very important for me to handle in Japan."

Hideki Hanyu was not making a request, but rather informing someone.

Knowing she couldn't stop him, Liu Xiaoli could only take her daughter with her to the airport and personally see Hideki Hanyu off on the Yunshang aircraft.

After a flight of several hours, Hideki Hanyu landed at Haneda International Airport that afternoon.

As soon as he stepped out of the private jet terminal, the first thing he saw was Honda Takeshi, who had come to pick him up in person.

After the two got into the car, Hideki Yuzuru immediately asked questions.

"How is the situation now?"

Honda Takeshi replied, "Following the adjustment of the benchmark interest rate by the Central Bank of Japan, major banks in Japan also officially raised mortgage rates this month."

Stimulated by the latest 6.5% interest rate, average Tokyo real estate prices fell by 5% in a week, with some areas even seeing a drop of up to 8%.

"It's pointless to talk about how much the price will fall now."

Hideki Hanyu spoke softly, his gaze drifting through the car window to the street scene outside, "Because this is Tokyo."

Honda Takeshi didn't speak, but he understood what Hanyu Hideki meant.

The real estate market is actually no different from the stock market, or even other speculative markets.

What seems to support the price is the physical product, the marketing, the advertising, and the various stories.

Ultimately, it all boils down to just two words.

"confidence."

Just like Yoshiaki Tsutsumi striving to become the world's richest man, it was to gain the confidence of investors and financial institutions in him.

The entire Japanese real estate market also needs confidence to sustain it.

Whether it's banks, financial institutions, investors, or consumers, their confidence in the real estate market all stems from housing prices.

Interestingly, confidence supports housing prices, and housing prices, in turn, foster confidence. Just like a person walking on two legs, the two complement each other and are indispensable.

Currently, real estate prices are falling, and these are Tokyo real estate prices that all Japanese people believe will never fall.

In this situation, no matter how much the real estate market falls, it will severely damage confidence in the real estate market.

This is why Hideki Hanyu said that the extent of the decline is no longer meaningful.

If one leg is lame, how long can the other leg hold on?
House prices are falling, and confidence is collapsing.

Under these circumstances, Japan's real estate market is destined to enter an irreversible vicious cycle.

An uncontrollable chain reaction has officially begun in the Japanese real estate market.

Of course, both Hideki Hanyu and Takeshi Honda were very clear about this in their hearts.

Freezing three feet is not a day's cold.

The collapse of Japan's real estate market was definitely not caused by rising mortgage rates.

Mortgage rates were just the last straw that broke the camel's back.

As early as when the Japanese stock market crashed and real estate financial policies tightened, the Japanese real estate market had entered the final stage of a game of musical chairs.

boom!
Just as Hideki Hanyu's Rolls-Royce Silver Spirit was about to arrive at Hanyu Investment by just one intersection, a muffled thud suddenly came from the street ahead.

Immediately following, exclamations and screams came from ahead.

Hideki Hanyu opened the car window, and the distant chatter reached his ears.

"Someone jumped off the building!"

"It seems to be the president of Masao Real Estate."

"I heard that the property he invested in was repossessed by the bank."

"My mortgage payment has increased by 40 percent. If I lose my job, I'm going to jump off a building."

……

A moment later, Hideki Hanyu gave instructions to Marco, who was driving.

"I'm not going to invest in Yuzuru anymore, I'm going back to Yorozuya."

"President..."

Honda Takeshi wanted to say something, but was interrupted by Hanyu Hideki raising his hand.

"No rush, this is just the beginning."

As they were talking, the Rolls-Royce Silver Spirit had already turned around.

In the instant he turned the corner, Hideki Hanyu took one last look in the direction from which he had jumped.

If I remember correctly, in another timeline of Japan, the number of suicides officially surpassed 30,000 in 1991, and the suicide rate rose sharply in the following years, reaching its highest level in history.

There are countless stories of families burning charcoal together, single mothers cutting their wrists and leaving behind three children, and even more tragic than the current case of someone jumping off a building.

At the same time, average real estate prices in Japan have also plummeted.

From an initial drop of 15%, the average drop across Japan was 60%, with prime locations in Tokyo experiencing a dramatic decline of 80% to 90%.

Who can say there's no connection between the two?

However, this is only the most superficial aspect.

Bank bad debts, business failures, social unrest, soaring divorce rates, a shift in popular culture, and the explosive growth of gray industries...

The bursting of the economic bubble has brought far more to Japan than what is currently apparent.

That's why Hideki Hanyu said that this is just the beginning.

After the vehicle turned around, Takeshi Honda immediately said to Hideki Hanyu, "Chairman, just let me get off up ahead."

But Hideki Hanyu said, "No need, you come with me to the Yorozuya."

"What does the chairman need me to do?" Honda Takeshi asked.

"If I'm not mistaken, I need you to help me entertain a guest next."

No sooner had Hideki Hanyu finished speaking than the car phone rang.

The assistant, Akemi Yasukawa, who was sitting in front, answered the phone, listened for a while, and then turned around to ask Hideki Hanyu.

"Mr. Yuzuru, Yoshiaki Tsutsumi, the president of the Seibu Group, would like to see you."

Hideki Hanyu asked, "Now?"

Akemi Yasukawa replied, "That's right, now."

"Tell him to go directly to the Yorozuya."

After giving his instructions, Hideki Hanyu turned to Takeshi Honda and smiled.

"I guessed right, didn't I?"

(End of this chapter)