Housing market exemptions to offset tax hike impact

Oct 3, 2013

Housing market exemptions to offset tax hike impact

The housing market will weather a consumption levy increase because of a tax break on home purchases, according to Mizuho Securities Co. and Morgan Stanley MUFG Securities Co. Prime Minister Shinzo Abe said Tuesday the sales tax will rise to 8 percent in April ...

Tokyo bests New York, Paris for property rents

Sep 13, 2013

Tokyo bests New York, Paris for property rents

Tokyo is the best city for residential-property returns, broker Savills PLC said, because Prime Minister Shinzo Abe’s policies are stimulating the economy and increasing investor confidence. Tokyo, chosen to host the 2020 Olympics, has “extremely attractive” gross rental yields of 4.7 percent compared with ...

Sep 2, 2013

Panasonic unit seeks home improvement lift

A Panasonic Corp. in-house company in charge of housing-related operations plans to post sales of ¥2 trillion in fiscal 2018 by expanding business in home refurbishment and home energy management systems. Tamio Yoshioka, president of the in-house firm, Panasonic Corp. Eco Solutions Co., said ...