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Japan property market set to bubble again

The key factors have emerged - belief that asset prices will rise, aggressive bank lending and encouragement from tax system.

HIGH HOPES: This new bubble's genesis was in 2013, when the award of the 2020 summer Olympics to Tokyo created a plausible scenario for rising real estate prices.

REAL estate in Japan should never see another bubble. Having witnessed three in the last half a century, the second one a Godzilla-sized boom in the 1980s, investors would surely be wary and vigilant against another developing. And with commercial and residential land prices still four-fifths...

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