Japan 2022 average condo price hits record high for 6th year in row

4 comments

1. And wages haven’t increased in 25 years. AND they want to raise tax to 15%. AND electricity prices have tripled over the last 20 years. Actaulyl in just the last 2 years I saw data that in Tokyo City during peak Elec usage hours, the cost went up nearly 2.5x.

2. Be mindful of condo associations

3. I’m interested to see what will happen after April if the BOJ will raise interest rates. Same thing happening in Seoul and prices are falling rapidly: https://www.reuters.com/markets/asia/south-korean-apartment-prices-drop-steepest-pace-two-decades-2022-11-16/

4. When plus 0.1% makes the news you know you’re living in Japan