Mid and West Wales Fire Service said about 60 properties in Solva were threatened by a burst river.

BBC: Wales weather: Flooding hits west, snow in the north

Among the areas badly hit by flooding was Solva in Pembrokeshire, where the fire service said about 60 properties were either flooded or threatened by a burst river.

BBC: Wales weather: Floods possible as heavy rain forecast

That binge ended abruptly as the Japanese asset bubble burst in the late 1980s, causing most firms to shed their properties and retreat to Japan.

WSJ: Mitsui Fudosan Has