[Machine Translation] Real estate prices continue to soar. Land prices in Ginza have surpassed those of the bubble era of the 1980's, and the three major metropolitan areas and the "Kofuku" area (Sapporo, Sendai, Hiroshima, and Fukuoka) are in a state of frenzy. Against the backdrop of an influx of domestic and foreign investment money and purchases by wealthy foreigners, plans for super-large buildings and redevelopment projects are in full swing. Sales of townhouses are also booming. A quarter of a century has passed since the bursting of the bubble economy. Will the surge in real estate prices continue, or will they calm down? Will the price hikes continue until the Tokyo Olympics? The author, who is well versed in the industry, senses the signs of the collapse and dares to look forward to a bright future for real estate afterwards. A thrilling book that shows "what is happening to real estate now"!