• Kyodo News


Land prices had dropped in 99 percent of 150 selected areas in major cities as of Jan. 1, reflecting the deepening recession, a quarterly government survey showed Tuesday.

The proportion of areas with falling land prices exceeded the 85 percent logged in the October survey, the Land, Infrastructure, Transport and Tourism Ministry said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.