Japanese Housing Prices Fall in 4 Steps



- First Wave: Real estate developers sell off properties to recover cash flow, new homes decrease in price, and second-hand homes are available but hard to sell.
- Second Wave: Defaulting on mortgage payments and auctioning properties to suppress second-hand home prices.
- Third Wave: Investors sell off second-hand homes to escape losses.
- Fourth Wave: In 1992, property tax was levied, turning second-hand homes into negative assets, leading to priceless sell-offs$ETH $GUSD
ETH3,21%
GUSD0,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)