4 ms·
"The trend has already hit Sydney, Vancouver and the U.S. Now it’s happening in Japan: busloads of real estate buyers from China coming in, buying up homes and
by teacup50 11y ago
"The trend has already hit Sydney, Vancouver and the U.S. Now it’s happening in Japan: busloads of real estate buyers from China coming in, buying up homes and pushing prices higher."
"Partly as a result of nascent Chinese buying, Tokyo apartment prices have reached the highest levels since the early 1990s, up 11 percent over two years, according to the Real Estate Economic Institute Co."
"It’s not as tolerable to Japanese. Prices in Tokyo have become “seriously unaffordable,” the annual Demographia International Housing Affordability Survey shows."
http://www.bloomberg.com/news/articles/2015-07-02/salarymen-sidelined-as-chinese-descend-on-japan-property-market http://www.bloomberg.com/news/articles/2015-07-02/salarymen-...