Skip to main content

Posts

Showing posts with the label Japan

Can a Japan–China rivalry drive high-speed rail sustainability?

This is an excellent article on the subject high speed rail exporting and the countries Japan and China. From the East Asia Forum website. Read it HERE .

High-speed rail creates robust growth in property markets in Japan

TOKYO -- A new bullet train line and the prospect of further extensions of Japan's ultrahigh-speed rail network have created pockets of robust growth in property markets beyond the capital.      A property near Nagoya Station logged the biggest gain of any commercial site in the nation's latest official land price survey, jumping more than 40% in the year to July 1. Several high-rises are going up in the neighborhood, including a rebuilt Dainagoya Building, a local landmark. A magnetic-levitation train line connecting Nagoya with Tokyo, slated to open in 2027, will only add to the station's appeal.      With some local manufacturers relocating their offices close to the hub, demand for area real estate is holding up well, says the head of Sanko Estate's local agency.      The survey also shows an unmistakable impact on land prices from the Hokuriku Shinkansen, the country's newest bullet train line. Open since March, it connects Tok...