Part 6/9:
The personal stories of those affected by the housing market crash add emotional weight to the statistics. One property owner expressed dismay at the difficulty of selling their home after significant devaluation happened in merely a few years. With numbers showing declines of hundreds of thousands of yen, many individuals find themselves under severe financial strain—unable to sell their properties whilst carrying mortgages they can no longer afford.
Widespread reports from TikTok users documented real-time frustrations, highlighting the human impact of the financial crisis. It has been noted that those who once viewed property as a wise investment are now grappling with feelings of regret and loss.