Mention Japan and real estate and the next word that springs to mind is usually “expensive”. But two decades of deflation have seen steady declines in Japanese land values, with prices in Tokyo falling 11.3 per cent in 2009 alone. And the rapid economic development of neighbouring countries has also made Japanese property more affordable in relative terms.
一說起日本和房地產,馬上躍入腦海的字眼就是「昂貴」。但持續20年的經濟緊縮已使日本的地價不斷下挫,單單東京的房價在2009年就下跌了11.3%。其周圍鄰國經濟迅猛發展,這也使得日本的房價相對而言已經不再高不可攀了。
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