Comparisons with Japan are silly - Tokyo RE was priced > $10,000/sqft
Started by Turnaround
about 16 years ago
Posts: 30
Member since: Jul 2009
Discussion about
its not a $ for $ comparison and it also goes beyond RE. and it most certainly is analogous in my opinion.
What is more relevant is, how far above the mean rate of return over a statistically valid period of time did tokyo real estate get, as compared to NYC real estate? absolute comparisons don't mean much; relative analysis' may mean something.