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    What happens to real estate during a deflationary period

    You're right on some points, but Japan is actually very big in exporting (think of all the Japanese brands you buy) and make top quality agriculture produce.
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    What happens to real estate during a deflationary period

    That's right, although sustained deflation is unlikely if population grows. Eg US or UK post GFC.
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    What happens to real estate during a deflationary period

    Not having a dig at Japan. More just from observation. So everytime I travel to Japan I'm impressed by all the technology and food they sell at certain places, which I can't find in Canton Fair or in Shenzhen. So they must be not exporting some of this stuff.
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    What happens to real estate during a deflationary period

    An agent offered me a 2-bedder that was around 70sqm in a brand new tower near the palace (sounded like something built like Eureka and marketed to foreigners) for around US$1m. So I'd imagine a one-bedder in an older block must be quite cheap - probably $400-600k? This guy was more buying...
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    What happens to real estate during a deflationary period

    Well not really. Japan's situation can change very easily. Open up export of its products, apologies for WWII and start reconciling with the Chinese market, open up migration :eek: At some point surely the Japanese will go, well this can't go on forever, we need to re-embrace the world, think...
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    What happens to real estate during a deflationary period

    Yes very different fundamentals. But all that can change with a few votes in marginal seats. Look at NZ. Japan is the easiest country for foreigners to buy properties. I've been looking last two years but the numbers didn't work after amortisation of debt. And foreigners can only usually borrow...
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