January 27, 2009

Japanese Customer: 60% of all homes in Japan were built after 1980

Photo: Houses in Tokyo, Japan









"The housing stock is amazingly young:
more than 60% of all Japanese homes
were built after 1980...land has value but buildings do not
"
The Economist

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Source:Building wealth
Jan 3rd 2008 | TOKYO
From The Economist print edition
http://www.economist.com/displayStory.cfm?story_id=10431721



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