Japan's Real Estate Renaissance: Foreign Investors Flock To Land Of The Rising Sun
Published on: Wednesday 01 November 2023
Countries worldwide have been focusing on raising interest rates to counter skyrocketing inflation over the past couple of years. Japan, the third-largest economy in terms of gross domestic product (GDP), maintained its benchmark interest rates, which caused the Japanese yen to depreciate in terms of the U.S. dollar and other major currencies. This has proved to be a boon for the Japanese housing market, as investors have been pouring money into the East Asian country's relatively cheaper real e