Close Menu
  • Breaking News
  • Business
  • Personal Finance
  • 2nd Amendment
  • Videos
  • Forum
  • More
    • Prepping & Survival
    • Health
    • Top Stocks
    • Stocks Portfolio

Subscribe to Updates

Get the latest news and updates directly to your inbox.

Popular Now
Thousands march through Minneapolis, swarm Target Center demanding ICE removal from Minnesota Breaking News

Thousands march through Minneapolis, swarm Target Center demanding ICE removal from Minnesota

By Dewey LewisJanuary 24, 20260

NEWYou can now listen to Fox News articles! Anti-ICE agitators, including activists and clergy, swarmed…

Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal

Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal

January 24, 2026
LARRY KUDLOW: President Trump checkmates Russia and China in the great game

LARRY KUDLOW: President Trump checkmates Russia and China in the great game

January 24, 2026
Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy

Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy

January 24, 2026
Facebook X (Twitter) Instagram
Trending
  • Thousands march through Minneapolis, swarm Target Center demanding ICE removal from Minnesota
  • Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal
  • LARRY KUDLOW: President Trump checkmates Russia and China in the great game
  • Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy
  • Cissie Graham Lynch warns abortion fight ‘far from over’ at annual March for Life in DC
  • USPS warns of mail delivery delays in over 30 states
  • Man who allegedly threatened to shoot ICE agents had rifles, body armor and ammo cache, feds say
  • Anonymous letter to California GOP chapter calls for war on ICE, urges agents be sent ‘home in a body bag’
Facebook X (Twitter) Instagram LinkedIn VKontakte
Saturday, January 24
Republican Investor
Banner
  • Breaking News
  • Business
  • Personal Finance
  • 2nd Amendment
  • Videos
  • Forum
  • More
    • Prepping & Survival
    • Health
    • Top Stocks
    • Stocks Portfolio
Subscribe
Republican Investor
You are at:Home » 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

Press RoomBy Press RoomJuly 27, 2025No Comments3 Mins Read
Facebook Twitter LinkedIn Tumblr Reddit 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 ArticleJennifer Lopez suffers wardrobe malfunction during concert
Next Article Murder of Etan Patz, one of first missing children on milk cartons, raises confession questions after reversal

Related Posts

LARRY KUDLOW: President Trump checkmates Russia and China in the great game

LARRY KUDLOW: President Trump checkmates Russia and China in the great game

January 24, 2026
USPS warns of mail delivery delays in over 30 states

USPS warns of mail delivery delays in over 30 states

January 24, 2026
Nissan recalling over 26,000 vehicles due to door issue that could increase risk of crash

Nissan recalling over 26,000 vehicles due to door issue that could increase risk of crash

January 24, 2026
Derek Jeter takes on captain role for padel team at Miami’s Reserve Cup

Derek Jeter takes on captain role for padel team at Miami’s Reserve Cup

January 24, 2026
Store shelves wiped clean as Americans brace for massive winter storm

Store shelves wiped clean as Americans brace for massive winter storm

January 23, 2026
HUD orders citizenship verification after audit reveals ineligible tenants in taxpayer-funded housing

HUD orders citizenship verification after audit reveals ineligible tenants in taxpayer-funded housing

January 23, 2026
Add A Comment

Comments are closed.

Follow us
  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Highlights
Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal Breaking News

Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal

By Dewey LewisJanuary 24, 20260

NEWYou can now listen to Fox News articles! Minnesota’s alleged fraud scandal continues with the…

LARRY KUDLOW: President Trump checkmates Russia and China in the great game

LARRY KUDLOW: President Trump checkmates Russia and China in the great game

January 24, 2026
Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy

Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy

January 24, 2026
Cissie Graham Lynch warns abortion fight ‘far from over’ at annual March for Life in DC

Cissie Graham Lynch warns abortion fight ‘far from over’ at annual March for Life in DC

January 24, 2026

Subscribe to Updates

Get the latest news and updates directly to your inbox.

About
About

Republican Investor is one of the top news portals to cover business, personal finance and second amendment news, follow us to get the latest news.

We're social, connect with us:

Facebook X (Twitter) Instagram LinkedIn VKontakte
Popular Posts
Thousands march through Minneapolis, swarm Target Center demanding ICE removal from Minnesota

Thousands march through Minneapolis, swarm Target Center demanding ICE removal from Minnesota

January 24, 2026
Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal

Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal

January 24, 2026
LARRY KUDLOW: President Trump checkmates Russia and China in the great game

LARRY KUDLOW: President Trump checkmates Russia and China in the great game

January 24, 2026
Latest News
Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy

Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy

January 24, 2026
Cissie Graham Lynch warns abortion fight ‘far from over’ at annual March for Life in DC

Cissie Graham Lynch warns abortion fight ‘far from over’ at annual March for Life in DC

January 24, 2026
USPS warns of mail delivery delays in over 30 states

USPS warns of mail delivery delays in over 30 states

January 24, 2026
Copyright © 2026. Republican Investor. All rights reserved.
  • Privacy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

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