Yesterday, NHK World ran a story about Mainland Chinese buying real estate in Japan.
One of the most interesting parts of the piece is about three-quarters of the way through, when a Chinese developer rejects a home design as being too downmarket for Mainland customers who — unlike their Japanese counterparts — want their success to be visible.
The same developer says she is confident that values in Hokkaido will continue to rise for the next 10 years. That’s more than a bit optimistic, given that saw Hokkaido experienced net out-migration of 21,000 people in 2008.
H/T Jenny