19-08-2022, 07:22 AM
“The yen has dropped around 20 percent in value against the dollar since early this year,” said Ketsu Chou, president of Shenjumiaosuan Co., which operates the website. “That gives overseas investors (buying Japanese properties) a 20 percent discount. Now is the time to invest.”
“Demand is high for Japanese properties because the Bank of Japan is maintaining its ultra-low interest rate policy amid overseas rate hikes.”
Okubo added that such a situation tends to trigger a further drop in the value of the yen, which could help drive up the prices of Japanese properties in the domestic currency.
https://www.asahi.com/ajw/articles/14697983
“Demand is high for Japanese properties because the Bank of Japan is maintaining its ultra-low interest rate policy amid overseas rate hikes.”
Okubo added that such a situation tends to trigger a further drop in the value of the yen, which could help drive up the prices of Japanese properties in the domestic currency.
https://www.asahi.com/ajw/articles/14697983