27-07-2021, 09:10 AM
![](https://i.imgur.com/CLvY2jA.png")
Japan: Real Estate
27-07-2021, 10:01 AM
real estate value is derive from people.
there must be people, growing number of people and growing wealth that is when
property prices go up.
there are huge area of dessert or jungle but not much value as no people want to go there.
is japan population growing or going down? is replace by immigrants?
think about it to grow your wealth
there must be people, growing number of people and growing wealth that is when
property prices go up.
there are huge area of dessert or jungle but not much value as no people want to go there.
is japan population growing or going down? is replace by immigrants?
think about it to grow your wealth
27-07-2021, 10:05 AM
You are right.
Japan did not recover after signing this agreement.
The Plaza Accord (Japanese: プラザ合意) was a joint–agreement signed on September 22, 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United Kingdom, and the United States, to depreciate the U.S. dollar in relation to the French franc, the German Deutsche Mark, the Japanese yen and the British Pound sterling by intervening in currency markets. The U.S. dollar depreciated significantly from the time of the agreement until it was replaced by the Louvre Accord in 1987.[1][2][3] Some commentators believe the Plaza Accord contributed to the Japanese asset price bubble of the late 1980s.
The devaluation made U.S. exports cheaper to purchase for its trading partners, which in turn allegedly meant that other countries would buy more American-made goods and services. The Plaza Accord failed to help reduce the U.S.–Japan trade deficit, but it did reduce the U.S. deficit with other countries by making U.S. exports more competitive.
https://en.wikipedia.org/wiki/Plaza_Accord
Japan did not recover after signing this agreement.
The Plaza Accord (Japanese: プラザ合意) was a joint–agreement signed on September 22, 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United Kingdom, and the United States, to depreciate the U.S. dollar in relation to the French franc, the German Deutsche Mark, the Japanese yen and the British Pound sterling by intervening in currency markets. The U.S. dollar depreciated significantly from the time of the agreement until it was replaced by the Louvre Accord in 1987.[1][2][3] Some commentators believe the Plaza Accord contributed to the Japanese asset price bubble of the late 1980s.
The devaluation made U.S. exports cheaper to purchase for its trading partners, which in turn allegedly meant that other countries would buy more American-made goods and services. The Plaza Accord failed to help reduce the U.S.–Japan trade deficit, but it did reduce the U.S. deficit with other countries by making U.S. exports more competitive.
https://en.wikipedia.org/wiki/Plaza_Accord
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