After weathering decades of deflation and stagnant growth, Japan is seeing an investment boom that has made apartments in central Tokyo unaffordable for young Japanese professionals. https://www.japantimes.co.jp/business/2023/10/04/economy/tokyo-property-prices/?utm_content=buffer4fb7d&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #economy #housing #economy #azabudaihills #tokyo
Surging Tokyo property prices squeeze out young professionals

The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.

The Japan Times