Home › Forums › Financial Markets/Economics › Aging population and housing › FlyerInHi wrote:Immigration
[quote=FlyerInHi]Immigration is good. We should be glad that we don’t have a population decline problem… With increasing population comes economic growth and higher prices for our assets.
Look what is happening to Japan. Scary.
http://www.bloomberg.com/news/articles/2015-07-09/abandoned-homes-haunt-japanese-neighborhoods%5B/quote%5D
something to consider when reading about RE in japan is their cultural/social idea that homes are disposable!!!!
basically in post WWII japan a home was built with the idea that a new one will take its place during the next generation
http://freakonomics.com/2014/02/26/why-are-japanese-homes-disposable-full-transcript/
so to a foreigner in-country seeing homes in various states of decay might seem shocking…