Luxury comes cheaper
Luxury comes cheaper
- 1999
- Financial Times 5 November 1999, 12(1) .
Reviews the Japanese property market which is still in recession. Land prices have been declining for eight years and are still going down now that the shake up of the banking system is forcing companies to dispose of underperforming assets in an attempt to clean up their balance sheets.
JAPAN
PROPERTY MARKET
REAL ESTATE MARKET
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
RESIDENTIAL PROPERTY MARKET
LAND VALUES
RECESSION
Reviews the Japanese property market which is still in recession. Land prices have been declining for eight years and are still going down now that the shake up of the banking system is forcing companies to dispose of underperforming assets in an attempt to clean up their balance sheets.
JAPAN
PROPERTY MARKET
REAL ESTATE MARKET
PROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
RESIDENTIAL PROPERTY MARKET
LAND VALUES
RECESSION