2016/9/20 Tokyo real estate 2: Reasonable prices for rich people and expensive for ordinary people
Some foreign rich people may push up prices of Tokyo real estates. This is the repeated history! Old days, Japan bought USA real estate by high prices and cut their loss at last.
Chinese may be buying Tokyo real estates as old Japanese bought USA real estates.
So there are relationship between Tokyo real estates and Chinese money & economy.
And low banking rates makes people being able to buy high price real estate.
Because people can borrow money easier.
So there are relationship between Tokyo real estates and banking rates.
And are there relationship between Chinese money & economy and Japan banking rates?
Maybe yes.
Some foreign rich people may push up prices of Tokyo real estates. This is the repeated history! Old days, Japan bought USA real estate by high prices and cut their loss at last.
Chinese may be buying Tokyo real estates as old Japanese bought USA real estates.
So there are relationship between Tokyo real estates and Chinese money & economy.
And low banking rates makes people being able to buy high price real estate.
Because people can borrow money easier.
So there are relationship between Tokyo real estates and banking rates.
And are there relationship between Chinese money & economy and Japan banking rates?
Maybe yes.