I think that definitely depends on where you live. Here in Shizuoka, in the 90s, pretty much all big public works projects came to a standstill. Roads they were building just stopped being built partway through construction. A few years into the 2000s, and they revved things up again, at a pace that makes it look like they were trying to catch up on all the projects that were abandoned in the 90s. A few years ago, the papers announced that rent downtown had bounced back up to Bubble-era rates, and construction downtown has been particularly active.