Monday, June 25, 2007

Time to buy Japanese?

Japanese Property Market in Strong Secular Rebound

The recent spurt in global bond yields needs to be carefully watched because it has the potential to create another inflation scare that could trigger yet another global sell-off in equities. Shifting perceptions about interest rates are a short-term risk for Japan's real estate stocks and REITs, because of the very strong rallies seen to date and over the past two years. This notwithstanding, we believe Japan’s property market is now in a strong secular rebound after 15-plus years of secular decline, and that the secular bull market in Japanese real estate plays will not be easily derailed, despite periodic spurts in bond yields. Property prices in the commercial districts of Tokyo rose an average of 9.4% on the year as of January 1, 2007 .

Posted by tinecu @ 03:26 PM (460 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>