When the Japanese real estate market imploded in 1990, the hotel was sold to the Four Seasons group to recover from bad loans.
Homelessness has grown noticeably more widespread in Japanese society since the collapse of the Japanese asset price bubble across the 1990s, and the resulting "Lost decade" of economic stagnation.
Sky City 1000 is a visionary (i.e. not proposed/intended to be built) supertall skyscraper in the Tokyo metropolitan area, Japan announced in 1989 during the height of the Japanese asset price bubble.
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The motivation to introduce a modern looking, executive level luxury sedan also took place in what has become known as the Japanese asset price bubble period that began after the Plaza Accord agreement in 1985.