noun
collapse of the housing bubble
Refers to the bursting of a real-estate bubble, often in economic or news contexts.
住宅バブル崩壊の影響で、多くの人が住宅ローンを返済できなくなった。
Due to the collapse of the housing bubble, many people became unable to repay their mortgages.
Compound of 住宅 (housing), バブル (bubble), and 崩壊 (collapse).