Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Haunting Japanese ghost town frozen in time sheds light on country’s turbulent economic past
Business

Haunting Japanese ghost town frozen in time sheds light on country’s turbulent economic past

Buddy DoyleBy Buddy DoyleJuly 27, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Haunting Japanese ghost town frozen in time sheds light on country’s turbulent economic past
Share
Facebook Twitter LinkedIn Pinterest Email

An urban explorer recently documented a largely abandoned, yet remarkably well-preserved, Japanese resort town.

Kinugawa Onsen, located in Nikkō, a city in central Japan’s Tochigi Prefecture, was once a thriving tourist destination known for its hot springs and towering cliffside hotels. 

“I was scouting other nearby locations when I came across this entire district of abandoned hotels,” 28-year-old Luke Bradburn told news agency SWNS.  “It was like walking into a ghost town.”

The area was first developed in the 1970s – right in the middle of the Japanese economy’s postwar launch into the stratosphere. 

MAN DISCOVERS ‘GHOST TOWN’ FULL OF EMPTY, EERIE HOTELS: ‘LIKE A TIME CAPSULE’

However, it soon became evident that the Land of the Rising Sun was on the precipice of economic disaster – and that places like Kinugawa Onsen wouldn’t be able to hold on much longer.

TRUMP SECURES HISTORIC $550B TRADE DEAL WITH JAPAN: ‘NEVER BEEN ANYTHING LIKE IT’

In the late 1980s, lax fiscal policy and related behavior ran rampant – and the country touted the sky-high stock prices and real estate valuations to show for it. 

It was evident that Japan was on the cusp of a bubble, and when that bubble burst, it gave way to what’s colloquially known as the “Lost Decade” of the 1990s.

Stock trader in Japan

The Financial Ministry hiked interest rates, the stock market crashed, and demand tanked – resulting in a period of economic deflation and growing conservatism in business investments. Ultimately, this slowed the market to a crawl.

Some analysts have even broadened the term to “Lost Decades,” citing events like the 2008 recession and 2011 Fukushima Daiichi Nuclear Power Plant disaster as catalysts for further, significant economic turbulence throughout the 2000s and 2010s.

CALIFORNIA OVERTAKES JAPAN TO BECOME WORLD’S 4TH LARGEST ECONOMY

Kinugawa Onsen in Japan

Between 1995 and 2023, the Japanese economy saw a trillion-dollar drop in nominal GDP – and, despite the country’s continued status as a global economic powerhouse, its share of the world’s nominal GDP spent the last three decades contracting to about one-fifth of what it was in the 1990s.

In the 1990s, places like Kinugawa Onsen were quick to fall victim to Japan’s newfound economic pessimism – and other aggravating factors surrounding it. 

The formerly luxe vacation hotspot went from attraction to aberration – and in 2005, Professor Shigeru Itoh, an urban planning expert, dubbed the area the third-ugliest place in Japan.

“You get a sense of what life must’ve been like here at its peak – and then it just stopped,” Bradburn said of the area. 

“It’s eerie, sad and fascinating all at once.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleForget 10,000 steps — research reveals the real number you need for better health
Next Article Hulk Hogan’s son, Nick, shares touching tribute to his ‘hero’ following wrestling legend’s death

Related Articles

Gemini co-founders tout ‘golden age of innovation’ amid Trump’s pro-crypto policies

Gemini co-founders tout ‘golden age of innovation’ amid Trump’s pro-crypto policies

September 12, 2025
Experts detail the costs of private security services

Experts detail the costs of private security services

September 12, 2025
Winklevoss Gemini IPO another crypto win

Winklevoss Gemini IPO another crypto win

September 12, 2025
FBI reward for info leading to arrest of Charlie Kirk’s assassin boosted by private donations

FBI reward for info leading to arrest of Charlie Kirk’s assassin boosted by private donations

September 12, 2025
Americans shatter fundraising records after Charlie Kirk’s tragic death at university event

Americans shatter fundraising records after Charlie Kirk’s tragic death at university event

September 12, 2025
United Airlines CEO gives 5-word prediction that low-cost rival will go out of business

United Airlines CEO gives 5-word prediction that low-cost rival will go out of business

September 12, 2025
Homeownership costs spike as insurance premiums, other fees rise

Homeownership costs spike as insurance premiums, other fees rise

September 12, 2025
Social Security beneficiaries expected to get bigger cost-of-living-adjustment in 2026

Social Security beneficiaries expected to get bigger cost-of-living-adjustment in 2026

September 12, 2025
Federal budget deficit grows B to nearly T even as Trump tariffs increase revenue

Federal budget deficit grows $92B to nearly $2T even as Trump tariffs increase revenue

September 12, 2025
Don't Miss
Kash Patel’s false start on Charlie Kirk killer draws scrutiny, but FBI nabbed suspect in the end

Kash Patel’s false start on Charlie Kirk killer draws scrutiny, but FBI nabbed suspect in the end

Latin music star Bad Bunny reveals he has no US tour dates to prevent ICE raiding his concerts

Latin music star Bad Bunny reveals he has no US tour dates to prevent ICE raiding his concerts

Gun Industry is STRUGGLING

Gun Industry is STRUGGLING

Best .50 BMG Sniper Rifles That SHOCKED The Whole World!

Best .50 BMG Sniper Rifles That SHOCKED The Whole World!

Latest News
Bill Maher, Ben Shapiro spar over politics of Charlie Kirk’s assassin

Bill Maher, Ben Shapiro spar over politics of Charlie Kirk’s assassin

September 13, 2025
The Truth About the Mini-14 Ruger Doesn’t Want You to Know

The Truth About the Mini-14 Ruger Doesn’t Want You to Know

September 13, 2025
This Budget 2011 Surprised Me – Bersa M2X1 Honest Gun Review!

This Budget 2011 Surprised Me – Bersa M2X1 Honest Gun Review!

September 13, 2025
10 Unbelievably RARE & EXPENSIVE GUNS! #3 Is Mind Blowing!

10 Unbelievably RARE & EXPENSIVE GUNS! #3 Is Mind Blowing!

September 13, 2025
California legislature passes bill prohibiting law enforcement from wearing face masks to shield identities

California legislature passes bill prohibiting law enforcement from wearing face masks to shield identities

September 13, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.