Friday, March 18, 2005

Home Prices Can Fall

Japan is often cited as proof that real estate doesn't always go up. Since the late 80's bubble, the island has struggled with property deflation and a report out today shows that is still the case.

The report at Research Worldwide.com focuses on the continued global boom in housing prices. But one notices Japan at the bottom of the table provided, with another 6% annual decline.

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