Data from the Bank of Japan show that bank lending to real estate companies reached a record high last quarter and, on some measures, property prices have been rising rapidly too. However, broader measures of debt suggest that concerns a property bubble could be re-inflating are overplayed. With price rises now slowing, the sector is unlikely to be a source of major trouble.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services