There is a lot of incorrect and misleading English information floating around about the Japanese real estate market. I chose this recent PR-type article from PropGoLuxury.com as a typical example of the type of misinformation.
"Japan real estate remains one of the priciest in the world. Tokyo came fourth in the Global Property Guide's 2009 survey of the world's most expensive markets, behind Monaco, London and Moscow. The average price for an apartment in Tokyo city centre is a staggering US$17,998 per sqm"
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