News for hackers. Stuff that matters.
Re:Investors bought a record share of U.S. homes in 2021 by cashsterling on Thursday February 17, 2022 @12:51PM (#30376250)
I think Japan also went into population decline... so declining demand for a existing supply of housing will rapidly lead to falling prices.
Re:Investors bought a record share of U.S. homes in 2021 by dcolkitt on Thursday February 17, 2022 @01:04PM (#30376419)
Japan is in decline as a whole, but Tokyo is still growing robustly (at a faster pace than NYC or London in fact) because of urbanization.
Re:Investors bought a record share of U.S. homes in 2021 by seanmcdirmid on Sunday February 20, 2022 @05:37PM (#30409935)
Tokyo actually isn’t growing that fast in population. They just construct a lot of homes there because the Japanese don’t like to buy second hand ones (so tear down the 30-40 year old house and build a new one).