The U.K., the US, Canada, Australia. We all have similar land use regimes, orientations toward property. It's the same affordability crisis.https://twitter.com/nytimes/status/859633949907320833 …
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I dunno. BOJ says bubble could he forming because rich are investing in real estate. http://www.japantimes.co.jp/news/2017/05/01/business/economy-business/boj-fears-housing-bubble-amid-surging-loans-apartment-buildings/#.WQl_qzFlChA …
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In fact, it's commodified differently. Houses depreciate like cars. They're disposable, not investable. http://freakonomics.com/podcast/why-are-japanese-homes-disposable-a-new-freakonomics-radio-podcast-3/ …
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