So you have lots of people with real money chasing it.

Expectations have fallen in part because so much more money is chasing companies.

"We have a lot more money chasing fewer projects," he said.

"There's a great deal of money chasing very few pictures," he said.

That is a case of money chasing - or perhaps one should say fleeing - performance.

It could further be described as a situation where too much money chases just few goods.

In other words, there is less money chasing the deals.

All this money, meanwhile, is chasing fewer and more expensive deals.

IN the investment world, money chases whatever is hot.

But in Japan too much money is chasing too few properties.