Presumably a lot of the increase in net financial assets in countries such as Australia is due to house prices growing faster than mortgage liabilities. I wouldn't consider that kind of growth in household wealth to be very good, I prefer Japan's housing market - easier to enter, and more equitable!
How does one reconcile Japan's bad salaries with Japan's low returns on equity? Is it bad asset turnover? Other inefficiencies in margins? Bad capital structure? Really puzzles me
“Demography is destiny,” said French philosopher Auguste Comte. As far as the future of Japan's economy--and everything else--is concerned, it bears repeating. Just sayin'
Presumably a lot of the increase in net financial assets in countries such as Australia is due to house prices growing faster than mortgage liabilities. I wouldn't consider that kind of growth in household wealth to be very good, I prefer Japan's housing market - easier to enter, and more equitable!
I love these posts, about a country that I adore (as a visitor, of course). Thank you for writing these.
How does one reconcile Japan's bad salaries with Japan's low returns on equity? Is it bad asset turnover? Other inefficiencies in margins? Bad capital structure? Really puzzles me
“Demography is destiny,” said French philosopher Auguste Comte. As far as the future of Japan's economy--and everything else--is concerned, it bears repeating. Just sayin'