don't disagree with any of Robert Shiller's facts here, but this type of analysis is largely irrelevant for humans http://nyti.ms/29DAPg6
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I've noticed that (about depreciation), but how exactly do the laws differ in Japan?
@JoshZumbrun@tmccormick @TruliaRalph -
It seemed to me that demographics, deflation, & debt overhang kept land prices ~flat.
@JoshZumbrun@tmccormick @TruliaRalph
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