Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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CLOUDS AND SUN
It appears that the monetary easing pushed by the Abe administration through Bank of Japan's purchasing operations is gradually raising land prices in some urban areas.
The Tokyo, Osaka and Nagoya metropolitan areas saw commercial land prices rise for the first time in five years in the year to July 1, a government land price survey says. Commercial land rose 0.6 percent on average for the three major metropolitan areas. ...
Land values rose at two-thirds of 150 sites monitored by the government, the biggest increase since 2008, amid increasing housing demand and investment interest in commercial properties. Values rose at 99 locations nationwide in the three months that ended July 1, a survey by ...
Land prices fell by an average of 1.8 percent from the previous year, the National Tax Agency said Monday in its annual survey. The decline in land prices logged its fifth consecutive year after falling 2.8 percent in last year’s survey, the agency said. ...
According to a March 21 report by the land, infrastructure and tourism ministry, as of Jan. 1 land prices are showing signs of stabilizing.
Average land prices declined in the 12 months to Jan. 1 for the fifth straight year, but the decrease was less on average, and price hikes were seen at far more locations than in the previous year, the government said Thursday. Residential land prices ...