Japan times article discusses Tokyo Condo Sales , and my only reaction is “Duh”.
What can one expect when there the population is declining?
I keep seeing new Condos and houses built around my station and I don’t understand who buys them. Most probably people are getting closer to Tokyo, thus leaving empty houses behinds.
I heard from friends they expect prices to go up until Tokyo olympics, but it does not make sense economically. Population decline means prices down. Foreign buyers? a few and not enough.
I do not invest in real estate in Japan. Do not understand it enough and I really believe prices will continue to go down.