In Japan you don't have the choice - more people are forced to scramble for the limited amount of space available - space they can't take for granted and which they need to pay a premium for.
At the end of the day 10 people can live in a room if they need to or forced to... and the way the global economy is going that's probably where we're heading.
The Debt levels are unprecedented globally and there's years and years of deleveraging ahead of us.
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japanese home prices fell 90% !!, page-13
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