Comments on: Japan Real Estate In Huge Credit Crunch http://www.therealestatebloggers.com/2008/08/21/japan-real-estate-in-huge-credit-crunch/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Michael Davenport http://www.therealestatebloggers.com/2008/08/21/japan-real-estate-in-huge-credit-crunch/comment-page-1/#comment-256328 Michael Davenport Tue, 09 Sep 2008 04:54:26 +0000 http://www.therealestatebloggers.com/2008/08/21/japan-real-estate-in-huge-credit-crunch/#comment-256328 As you mention, the credit crunch has arrived in Japan - especially in the sectors that saw growth during the last two years, i.e. central districts and suburbs in the three main cities. However, it is not all doom and gloom. Here in Niseko, the real estate market is still doing well. At <a href="http://www.nisekoconsulting.com" rel="nofollow">Niseko Consulting</a>, we have had more enquiries regarding land and property purchases this summer than last year and we expect that to continue into the winter. The credit crunch is affecting Japan although the international enclave of Niseko is still going strong. As you mention, the credit crunch has arrived in Japan – especially in the sectors that saw growth during the last two years, i.e. central districts and suburbs in the three main cities.

However, it is not all doom and gloom. Here in Niseko, the real estate market is still doing well. At Niseko Consulting, we have had more enquiries regarding land and property purchases this summer than last year and we expect that to continue into the winter.

The credit crunch is affecting Japan although the international enclave of Niseko is still going strong.

]]> By: Santa Barbara Real Estate Voice http://www.therealestatebloggers.com/2008/08/21/japan-real-estate-in-huge-credit-crunch/comment-page-1/#comment-248359 Santa Barbara Real Estate Voice Fri, 22 Aug 2008 16:55:53 +0000 http://www.therealestatebloggers.com/2008/08/21/japan-real-estate-in-huge-credit-crunch/#comment-248359 Wow...I have not heard too much news about this. Obviously I stay on top of what is happening here in the US and also I pay a lot of attention to Europe and the recent issues there...especially in England and Spain. I lived over in Japan just after the last boom so it will be interesting to see what happens here. Hopefully not too much doom and gloom. Wow…I have not heard too much news about this. Obviously I stay on top of what is happening here in the US and also I pay a lot of attention to Europe and the recent issues there…especially in England and Spain. I lived over in Japan just after the last boom so it will be interesting to see what happens here. Hopefully not too much doom and gloom.

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