FT why not rise in prices in Tokyo bree daniels

FT: why not rise in prices in Tokyo? U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes of the past 20 years, San Francisco prices rose 231%, London surged 441%, housing prices in Tokyo for 20 years but only 45% growth. Tokyo is how to do it? Photo source: visual China is a great surprise to the upheaval in the house next door. We know that it is a vacant room, the mossy garden weeds continue to fluctuate, the curtain never opened upstairs. But one day, a paper notice, hydraulic excavator to put the house demolition and a light at the end of next year, there will be erected a building consisting of 16 apartment residential buildings. Overnight, we live with a building site in Tokyo. It is not interesting at all. The site works 6 days a week. If you are in London, Paris or San Francisco, residents will certainly lead to an angry tide of protest – petition, warned the district is no longer the feature, and may even make one or two lawsuits. Local elections for voters to reduce support and defeat, be too numerous to enumerate. However, in our area, local residents have a collective silence, and the port of Tokyo (Minato ward) planning bureau director Noguchi Takahiko (Takahiko Noguchi) a conversation revealed the reason: "Japanese law on housing demolition without any restrictions." He said, the residents have the right to dispose of their own real estate, therefore, the district residents have no right to prevent their development and utilization." The following is the unbelievable fact: in 2014, the total population of 13 million 300 thousand, almost no spare land for construction in Tokyo have started a new number of housing 142417 households, more than the entire California license houses (83657 households), more than the British National (population 54 million 300 thousand) new starts (137010). The number of newly built houses in Tokyo has risen steadily, which is closely related to the fact that it is more unusual. Western big city prices soared and the contrast is: Tokyo residents basic mark time. Outrageous prices caused by abnormal development of the western city form: in young and old opposition, the rich richer and deprived people flock to the gathered lots of good job opportunities. This is not the result of a shrinking population. Japan, like other countries, has also experienced a "return to the city" tide. Located in the central area of Tokyo, covering an area of 20 square kilometers, the land area of a tiny area over the past 20 years, the total population increased from 145 thousand to 241 thousand, an increase of about 100 thousand, a substantial increase of 66%. In the total area of 121 square kilometers of San Francisco, over the past 20 years, also increased by about 100 thousand people (the total population increased from 746 thousand to 865 thousand), an increase of 12%. However, San Francisco and London house prices over the past 20 years went up to 231% and 441% respectively, the Tokyo port in the population increased, prices rose just 45% in 20 years, while the majority or the Bank of Japan (Bank of Japan) in 2013 launched a large-scale monetary stimulus. Prices in Tokyo no annoying hot streets and lanes on 8相关的主题文章: