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Real Estate value doubles every 9 years? - need help

Discussion in 'Economics' started by Zigrivers, May 11, 2005.

Longhorns
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Quote from sprstpd:

I believe this link shows Japan's housing bubble:

http://www.reinet.or.jp/e/jreidata/a_shi/index.htm

Click on any of the links and you will see negative percentage growth in real estate prices for the past 10 years. Not that Japan is similar to the US, but it just shows that real estate prices can fall, and can fall a lot. If I am reading some of these charts correctly, it looks like some Japanese real estate fell 80% and is still falling.
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Does anyone know if there is a REIT or some other vehicle that tracks Japanese real estate? Thanks.

#21 May 16, 2005

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