In the UK we are just comming to a slow down in house price growth that has seen house prices rise by up to 500%. I just bought a 3 bedroom house for nearly a quarter of a million pounds. This means hosue prices in the UK are now similar to Japan.
In a recent survey of global house prices I noticed Japan is still going down. I would be interested to hear from anyone who is aware of the actual costs of buying houses/land in Japan - is it really going down? Or is the drop just caused by decreases in value of land in central Tokyo for example?
In a recent survey of global house prices I noticed Japan is still going down. I would be interested to hear from anyone who is aware of the actual costs of buying houses/land in Japan - is it really going down? Or is the drop just caused by decreases in value of land in central Tokyo for example?