Thursday, September 27, 2007

No bubble so far in downtown Osaka

According to the report issued by Nihon Souken on Sep. 26, disjuncture of land prices from performance does not happen explicitly. It means that asset inflation like bubble in early 1990s does not happen so far. Although the land prices increased rapidly, performance improved rapidly. The report also warned the too-fast rise of land prices.

日本総合研究所は26日発表のレポートで、大阪市中心部の地価上昇について、バブル期に見られたような収益性からの大幅な乖離は明確に起こっていないとしている。

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