Compact apartment supply on the rise in greater Tokyo
Compact apartments are defined as those with an internal floor area of 30 ~ 50 sqm (323 ~ 538 sq.ft). These apartments generally target singles and working couples.
Second bank under suspicion of providing dodgy loans
Last year a major scandal involving Suruga Bank and numerous investment property spruiking realtors was unmasked, causing the Financial Services Agency (FSA) to start a nationwide investigation into regional banks and credit unions.
Japan's apartment price to income ratio increases again
According to Tokyo Kantei, the average price of a brand-new apartment across Japan was 7.81 times the average annual income in 2017, up 0.34 points from 2016 and exceeding the previous high of 7.64 seen in 1992.
