lol the UK has an "oversupply" - first time I've heard that one.
Also mate, doesn't matter if Japan population is declining, fact of the matter is they have a population about 6 times ours in the size of a shoebox, with a very strong economy and also low interest rates to almost 0% for the best part of the last decade, please explain how their property market has decreased 40% in this decade after going through a massive property bull market similar to ours recently in the 90's???