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If Japan population shrinks, does that mean that real estate can never go back to bubble prices?

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If Japan population shrinks, does that mean that real estate can never go back to bubble prices?

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True, their real estate prices in Japan may never recover to bubble levels. If real estate was considered a safe long-term investment previously, that certainty has now changed. Fewer locations now qualify as safe and assured investment opportunities. All land will no longer always go up in Japan due to population down trends.

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