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Rise in property lending stirs fears of new bubble in Japan

Property-related loans in H1 ended September rise 15% to 7.1 trillion yen from a year ago, BOJ data shows
Friday, November 18, 2016 - 05:50

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The BOJ is closely monitoring the property sector for signs of overheating as competition to lend to projects grows among financial institutions eager to take advantage of record-low interest rates.

Tokyo

A SURGE in property lending in Japan by banks and other financial institutions is fuelling fears among some of a "real estate bubble" developing, similar to the one which sent property prices soaring and then subsequently crashing - at the time of the Japanese "bubble economy" in

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