Japanes 10 year bond yields and Japanese housing market:
http://www.marketoracle.co.uk/images/20 ... -nov08.gif
http://static.seekingalpha.com/uploads/ ... _yield.png
Line up pretty well... interesting that they had a 15 year housing slump... the first few years were extremely fast... the next decade-plus was relatively slow.
Also, I read that their current mortgage rates are less than 3%.
Japan Housing & Interest Rates
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Japan Housing & Interest Rates
Last edited by moda0306 on Mon Jun 13, 2011 2:33 pm, edited 1 time in total.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: Japan Housing & Interest Rates
However, here's one guy who thinks the US won't go the route of Japan.
http://seekingalpha.com/article/221486- ... he-reverse
http://seekingalpha.com/article/221486- ... he-reverse
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: Japan Housing & Interest Rates
Doesn't Japan have 100 year mortgages?
How much would that suck? That's got to be about the same as renting, except you have all the responsibility that the landlord normally has (including risk of a decline in value).
How much would that suck? That's got to be about the same as renting, except you have all the responsibility that the landlord normally has (including risk of a decline in value).
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