<So, let's see, that would be a double on top of a quadruple, plus yield, say within 5 years from today, or 8.7 fold on asset, or 26.7 fold on equity in 5 years ?! I can dream, no?
What is wrong with the picture? I don't know, but I will find out ;0)>
Jay, having number one son in Tokyo, overlooking said opportunity from about the 30th floor, we have drooled and slobbered and so far avoided the temptation. It seems extraordinary, but somehow seems like a trap. Perhaps the vast numbers of new yens are being loaded into ships and sent to China and devaluation can continue in Japan, rendering your Tokyo property worth-less. As the Japanese population dwindles and they earn money from investments abroad and robots in Japan making Toyotas galore, perhaps rentals will drop along with property sale prices.
I'm guessing because the picture just looks too good to be true. But the picture has been true for some years now.
Tarken-san's boss however, Horie billionaire-san, livedoor.com is not so reticent, presumably because he is smart and Japanese and knows the intracacies of Japanese financial shenanigans. His billions continue to expand at a very healthy rate and is the main newsmaker in Japan.
Mqurice |
