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Condo supply dives 17% in Tokyo area, 25% in Kansai

Tuesday 17th June, 06:54 AM JST

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3 Comments

  • Beelzebub at 06:24 PM JST - 17th June

    Probably more people are buying who can't really afford it, to take advantage of the low interest rates. Sounds like a "subprime" crisis of some sorts is waiting in the wings.

  • usaexpat at 12:25 AM JST - 18th June

    Beelzebub, maybe I'm misreading the article but I took it as fewer units being offered for sale as opposed to greater demand for units. Anyway, at least here prices aren't collapsing like back home. Glad we sold at the top of the market although our condo here will probably never appreciate. If we're lucky it will stay flat in value.

  • VoXman at 04:38 AM JST - 18th June

    Go a little south of Yokohama and agents will tell you they can't sell their new mansions.

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