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TravelingSalesSep. 22, 2016 - 04:29PM JST
If rates are zero, it makes sense for regular people to hold cash. If you're a bank or a fund trying to hold 100,000,000,000 in cash, it's not practical until rates get below about -.1% and stay there for a year or so.
Posted in: BOJ adds long-term interest rate target to massive asset-buying program
TravelingSalesSep. 22, 2016 - 07:48AM JST
10 yr rates at zero - great for mortgage rates and for the real estate market!
TravelingSalesSep. 14, 2016 - 01:16PM JST
They need to have separate elevators for smokers. There's nothing worse than coming up in the same box as some noxious creep who's just had a smoke break.
Posted in: Japanese firms wage war on 'smell harassment'
TravelingSalesSep. 03, 2016 - 11:27AM JST
In central Tokyo, for a family of 4, about 6-700,000 per month, not including tax & housing
Posted in: A reader moving to Japan asks how much a month it would cost to live here comfortably. How much does it cost you?
TravelingSalesAug. 31, 2016 - 01:43PM JST
Better to get rid of the income tax completely and go with a wholly consumption based system like the Fair Tax.
TravelingSalesAug. 30, 2016 - 01:46PM JST
He's the best PM since Nakasone at least.
Posted in: Majority want Abe to stay on until Tokyo 2020 Olympics: poll
TravelingSalesAug. 21, 2016 - 12:18PM JST
The crucial issue is to make sure the negative rates affect corporations as well as banks. Incompetent and unimaginative time-serving managers currently (Mar 2016 numbers) have more than JPY200,000,000,000,000 in cash, and this amount is growing by more than 8% annually. Forcing them to disgorge it, whether by investments, dividends or buy-backs, would put that money into the hands of the people - it averages about JPY1.6 million for each citizen - and provide a great stimulus to the economy,
The smarter and more direct alternative is a temporary surtax on retained earnings, but the keidanren would never allow it.
Posted in: BOJ's Kuroda says he won't rule out deepening negative rate cut
TravelingSalesAug. 21, 2016 - 03:27AM JST
I guess I would be the exception. I'd definitely prefer my wife to bring home more cash than me. Although frankly I'd settle for her bringing home anything at all.
And congratulations to the survey in finding 200 Japanese guys who have managed to acquire girlfriends!
Posted in: 10 ways in which Japanese men want to outperform their girlfriends
TravelingSalesAug. 19, 2016 - 11:42AM JST
This is progress. Hope Tokyo will follow.
Posted in: London open all hours as night tube service launches
TravelingSalesAug. 16, 2016 - 11:32AM JST
It doesn't matter if they're more toxic to the morons who choose to use them. That's just a part of natural selection. What matters is they're less toxic to the innocent bystanders breathing the same air as the junkie.
Posted in: Electronic Marlboro sucks smokers away from Japan Tobacco
TravelingSalesAug. 14, 2016 - 07:31PM JST
The AirBNB sector is still tiny - much too small to affect the market in general. Chinese money is significant in the 200 million plus area - they are about half to a third of that top sector. Below that the market is driven by banks willingness to lend. Banks have been aggressive for 3-4 years in the sub-100 million sector. Now, finally, they are getting good in 100-200 million.
Posted in: Cranes deliver Japan's real estate revival to BOJ's doorstep
TravelingSalesAug. 14, 2016 - 02:58PM JST
You can make good money on new and old. I sold a 25 yr old condo last year making 30% profit over 5 years (not including the rental profit every month). Someone I know bought a condo new in 2011 and just sold for 75% profit (again, not including rental). Given you can easily borrow 80-90% LTV at next to nothing rates, the returns are great!
TravelingSalesAug. 14, 2016 - 12:22PM JST
Tokyo real estate is only going up by 10-15% pa. The BoJ needs to drive that to 20-25% to have a real impact on the rest of the economy.
Tokyo demand overcomes Japanese demographics because (i) household numbers are increasing as household numbers decline because more people live alone and less seniors move in with their kids, and (ii) about 33% of Japan lives in the Kanto Plain conurbation but about 50% wants to.
TravelingSalesAug. 12, 2016 - 01:27PM JST
Sounds like Tom Sawyer
Posted in: 3 students, including 2 from Japan, found alive in Arkansas cave
TravelingSalesAug. 11, 2016 - 02:43PM JST
For the assumption of risk defense to work, in the case of a minor a defendant would need to demonstrate that the injured party had the capacity to assume a risk and that the defendant had taken appropriate steps to exclude those who did not have such capacity.
Posted in: 10-year-old boy decapitated on waterslide at Kansas park
TravelingSalesAug. 07, 2016 - 02:43PM JST
Nothing wrong with giving Japan 5 years notice of abrogating the current one-sided treaty & letting them choose between going it alone or a fairer NATO-style treaty with bilateral or multilateral protection and spending obligations.
Posted in: Trump: Japanese will 'watch Sony TV' if U.S. is attacked
TravelingSalesAug. 02, 2016 - 11:43AM JST
Hope she manages to clean up the city, starting with the smoking problem.
TravelingSalesJul. 29, 2016 - 11:09PM JST
Tokyo real estate is only going up 10-15% a year. The BoJ needs to force that up to 20-25% to get the economy moving.
Posted in: BOJ opts for modest stimulus expansion
TravelingSalesJul. 28, 2016 - 10:34AM JST
The last thing we want is a bunch of ignorant self-important bureaucrats telling us what we can or can't do with our own property.
Posted in: Japan latest battleground in Airbnb home-sharing war
TravelingSalesJul. 23, 2016 - 03:25PM JST
Trump will abrogate the Security Treaty (with, say, 5 years notice) and offer a mutual defense treaty as a replacement. Then the ball will be in the Japanese court.
Search the Largest English Job Board in Japan.
Sep. 30, 2016 - 10:30AM JST
Britney, please Retire In Peace.
Do like the Who and f-f-f-f-f-f-f-fade away!
Posted in: Britney Spears on pop inspiration and why she's not making a comeback
Sep. 30, 2016 - 10:29AM JST
MsDeliciousSEP. 30, 2016 - 06:56AM JST
Does anyone have a link to the real labor law…
Posted in: Toyota ordered to pay damages to ex-worker over terms of rehiring
Sep. 30, 2016 - 10:28AM JST
I propose a deal for Bass4Funk:
If your imbecile wins the White House, the world will…
Posted in: Trump goes after Bill Clinton
I can hear the whalers excuses now, "see we have to hunt whales now as there…
Posted in: Will 'unagi' vanish from the dinner table?
Sep. 30, 2016 - 10:27AM JST
Hillary was the victim of a cheating spouse
I'd say she used up her victim card…
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