Skip to main content

Is rising real estate debt a cause for concern?

Data from the Bank of Japan show that bank lending to real estate companies reached a record high last quarter and, on some measures, property prices have been rising rapidly too. However, broader measures of debt suggest that concerns a property bubble could be re-inflating are overplayed. With price rises now slowing, the sector is unlikely to be a source of major trouble.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.