Latest Breaking News On - Japan nomura research institute - Page 1 : comparemela.com
Japan's housing industry is facing the reality that it is possible to have "too much of a good thing." That's because while America's real estate industry is wrestling with a lack of availability that has caused a housing crisis, Japan has a housing crisis for the exact opposite reason. It's an oversupply of properties, not a lack of inventory, roiling Japan's housing market. According to Japan's Ministry of Internal Affairs and Communications, nearly 9,000,000 vacant properties exist in Japan.
New-yorkUnited-statesItalyJapanBlackrockAmericaAmericanJapaneseItalianWarren-buffettElon-muskJeffrey-hallOnce a home is more than 10 or 15 years old, its value is worse than nothing because of the cost of demolishing it. Land without anything on it has a higher value than land with a pre-owned house on it.
japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.
JapanJapaneseRichard-kooJapan-nomura-research-instituteNomura-research