The expansion of the supply side of the economy, such as increasing the labor force rate and improving labor productivity, can alleviate the pressure of wages and price increases. japan property agency At the same time, this change will also contribute to the sound development of the Japanese economy. In the long run, it can also raise wages and prices by raising economic growth expectations and eliminating concerns about deflation. japan property agency Therefore, it should not be too pessimistic about the current economic situation. the Japanese economy is expanding moderately. Looking ahead, the economy will continue to expand in the context of ultra-loose financial policies and government spending support. Ideas and habits that are predicated on the difficulty of rising wages and prices are deeply entrenched, so it is necessary to achieve a 2% inflation target or consume more time than expected. However, the economic growth rate is surpassing the potential growth rate (original: output gap residual positive), and the factors that inhibit inflation are gradually eliminated. The output gap (the ratio of the difference between the actual output and the potential output to the actual output or the potential output) is difficult to maintain positive growth, and the inflation rate is expected to continue to be relatively weak. Under the current policy situation, the possibility of achieving a goal of gradually rising inflation to 2% is low. japan property agency The outlook report explains that price movements are determined by macro supply and demand balances and medium and long-term inflation expectations. It also explains that price changes between the public depend on the superposition of individual prices and structural factors. In order to eliminate the differences between the various interpretations, a detailed explanation is necessary. It is important to maintain a tight supply and demand situation for as long as possible in economic development. (It is important to maintain some tight supply-demand conditions in the economy as long as possible.) To this end, we must pay close attention to the side effects of long-term loose monetary policy, and continue to carefully review whether there is enough room to adjust the policy. Framework to minimize this side effect. If most policy committee members agree that the long-term (national debt) rate of return moves within approximately twice the plus or minus 0.1%, then this point should be announced at a press conference after the meeting. japan property agency The conference adheres to the principle of “Do not live, not rent, sell and sell”, in order to better play the role of the capital market, solve the painful problems accompanying the development of the housing rental market, and contribute to the rapid development of the housing rental market, and realize the housing rental market. The healthy and sustainable development of the new era. The conference invited government leaders, developer representatives, and financial institutions in the real estate industry to exchange ideas and develop together to meet the new era, meet new challenges, and face new goals. Yang Zhi first said that there are three changes in this year’s report. First, in the Asian REITs market, japan property agency by joining the Japanese market research, 94% of the market share of the entire Asian REITs market is included in our research. Second, the domestic ABS market is developing very fast in 2017. The number of issuances in the first ten months has exceeded the sum of the previous three years, so this Asian REITs market report also includes China’s ABS market. Third, we made a very bold comparison. We compared the domestic assets that have gone overseas to issue true REITs and the assets of ABS within the country. We want to tell you that there are already many high-quality properties in China. Once the domestic subscription REITs are opened, we already have the ability to issue from the asset side. japan property agency First, the leverage ratio. Basically, the leverage ratio of the entire REITs is relatively low compared to real estate companies, especially Hong Kong and Singapore. Their leverage ratio is 45%, which is relatively low, and Japan is relatively high, 50%.
