The first city that came to my mind was Tokyo. I looked it up and the urban land prices decreased from 885k in 2009 yen per square meter to 758k yen per square meter in 2012. Prices also fell in Tokyo after the bust in 1992.
In completely unrelated matters, Tokyo is also the city without zoning laws...
The first city that came to my mind was Tokyo. I looked it up and the urban land prices decreased from 885k in 2009 yen per square meter to 758k yen per square meter in 2012. Prices also fell in Tokyo after the bust in 1992.
In completely unrelated matters, Tokyo is also the city without zoning laws...