Monthly Archives: January 2019

Surrounded by the forests unique kominka houses close to skiing resorts and delightful onsen hot springs in Niigata prefecture : Only 80 mins from Tokyo

A relaxing, open plan space where each person can find their own way to chill out ?

Why don’t you try Niigata ?

Niigata prefecture is renowned for beautiful mountains and skiing resorts.

In addition, since Niigata is a major production center for high quality rice,  Niigata boasts many Japanese sake brands.

If you take Niigata shinkansen(bullet train) from Tokyo station, it takes only 80 mins to Echigo-yuzawa station.

From Echigo-yuzawa station, you can reach a number of delightful skiing resorts within one hour.

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Expect home sales to continue on a downward trend ? : Japan real estate market recap 2018

Happy new year 2019 ! Year of Boar.

New year has just begun and I would like to quickly review the market using some statistics.
The data always tells you the fact. How to read the data is a key for success.
It is too early to know if housing is in another bubble in Japan (I don’t think so)
It will depend on what happens with the global economy. Unfortunately, bubbles are only recognized with 100 percent certainty
in 20/20 hindsight.

The national average standard price of land
According to the government announcement, the national average standard price of land (基準地) published in September 2018
by the Ministry of Land, Infrastructure and Transport, land lots for all uses excluding forest lands nationwide
went up by 0.1% compared with the previous year, rising for the first time in 27
years since 1991. The average rate of residential areas was down 0.3% nationwide, falling for 27
consecutive years, but the rate of declines shrank 0.3% from the previous yearRead more