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Japan is really good about land use, and thus speculative land ownership without development is more often a bad idea. This is a funny case where dealing with t
by Ericson2314 5y ago
Japan is really good about land use, and thus speculative land ownership without development is more often a bad idea. This is a funny case where dealing with the externalities lowers the price, as the thing being sold becomes less attractive by other means.
Good job, Japan.
- suction 5y agoI'd recommend you read "Dogs & Demons" by Alex Kerr, which is specifically about land use in modern Japan.
- Ericson2314 5y agoIt looks like one of its criticism is too much construction. 20 years ago, was an overbuilt shrinking countryside an issue yet?
- suction 5y agoYes, because the economic slump started in the early 90s and was in full swing in the early 2000s. The book is really worthwhile, not dry at all. But it's very disillusioning, I've had very severe reactions from "Japanophiles" when I recommended it to them.
- Ericson2314 5y agoI'll take a look.