Japan’s beleaguered housing sector is still waiting for a boost from reconstruction-related building activity. When it comes, it may be partially offset by falling demand for housing. Even before the disaster, housing loans had been declining. The reduction in employment and real wages since the disaster will act as a further drag on housing demand.
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