Japan sees sharpest rise in land prices since 1992 on inbound tourism

https://english.kyodonews.net/news/2024/09/a2d8b673d44b-japan-sees-sharpest-rise-in-land-prices-since-1992-on-inbound-tourism.html

4 Comments

  1. Why are land prices increasing? Foreign tourists. Why is the economy in the dumps? Tourists. Why is the population falling below replacement levels? Tourists. Why does Japan have so many natural disasters? Tourists, probably.

  2. The article kinda sucks. It states prices are steadily climbing in 17 prefectures.

    Ok, that’s cool. Is that really “sharp”?

    Also the biggest cost has been on commercial property. Which is somehow going to be tied to tourism? lol

  3. Puzzleheaded_Sail559 on

    So rich people buying up cheap houses to get richer from tourists wanting to stay in an air-bnb? Great, just when I want to get on the housing ladder.