• Land gambit: Prime Minister Shinzo Abe makes a speech during the Liberal Democratic Party's annual convention Sunday. His administration is pushing for a policy to push up inner-city land prices by allowing residential buildings to be built in designated business districts. | AP
    Land gambit: Prime Minister Shinzo Abe makes a speech during the Liberal Democratic Party's annual convention Sunday. His administration is pushing for a policy to push up inner-city land prices by allowing residential buildings to be built in designated business districts. | AP
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Japan wants to trigger a jump in inner-city property prices by loosening building restrictions in test zones under “Abenomics,” a government adviser said.

“Central-city property prices will likely rise when various plans are announced,” Tatsuo Hatta, 70, a member of a government council on special economic zones, said in an interview in Tokyo last week. The economic impact from the urban-planning changes will be “extremely big,” he said.

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