Land prices rise in 10 prefectures, but overall trend is down via The Japan Times

[…]Rising prices were attributable to increasing investment in real estate, mainly by foreign investors, due to the yen’s depreciation and low interest rates under Prime Minister Shinzo Abe’s economic policies amid a gradual economic recovery.

Of the country’s 47 prefectures, the sharpest rise was 2.5 percent in Miyagi, followed by 2.3 percent in Fukushima, where reconstruction was underway after the 2011 earthquake and tsunami.

Tokyo came next, with 2.1 percent.
[…]

Read more.

This entry was posted in *English and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published.