The slump in housing starts resulting from a regulatory change may bite into economic growth, Economic and Fiscal Policy Minister Hiroko Ota said Tuesday.
The slowdown in housing “may have some effect on gross domestic product,” she said, and the government will monitor whether the slowdown is temporary.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.