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Buying Residential Property in Japan - Residential Property Prices
March 26, 2007
Why would you want to? So why would Japan’s residential property become an issue after at least thirteen, and in most places fifteen years, of falling prices? Quite a descent it was: big city residential property in Japan fell in value by 65% from 1990 to 2005. The dimensions of the fall are impressive more for how high prices were at the beginning of this period rather than their out-and-out cheapness at the end. Prices have now turned the corner. There have been three consecutive half-yearly rises from March 2005. |
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July 5, 2009 - 05:30 Currencies1 USD = 96.025 JPY
1 NZD = 60.528 JPY 1 AUD = 76.553 JPY 1 EUR = 134.13 JPY 1 GBP = 156.90 JPY 07/05/09 05:21 JST BBC World NewsLatest Newsletters
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