As well as a general culture which is very willing to build new buildings, the population of Japan has been pretty stable, even falling a bit, since the early 9

As well as a general culture which is very willing to build new buildings, the population of Japan has been pretty stable, even falling a bit, since the early 90s. I wonder if that hasn't had a really impact on the fact they've more-or-less escaped the rampant house price inflation seen in other countries. Since 1990, Japan's population has risen by 2%, the UK has grown 17%, the US by 32%, Canada by 37%. That growth is bound to put a significant pressure on property prices.