Japan: despite a weak economy and a shrinking population, Abenomics is pushing house prices up
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What´s affectionately known as “Abenomics” - i.e., the reflationary policies of Prime Minister Shinzo Abe, who came to power in December 2012 - includes stimulating the economy by increasing public infrastructure spending, devaluing the yen and aggressive quantitative easing by the Bank of Japan (BOJ).
It´s working - and it is not working.
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