Japan

Property Rights Index - Japan Compared to Continent

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Laos	10
Myanmar	10
North Korea	10
Turkmenistan	10
Vietnam	10
China	20
Bangladesh	25
Indonesia	30
Kazakhstan	30
Kyrgyztan	30
Mongolia	30
Nepal	30
Pakistan	30
Philippines	30
Tajikistan	30
Uzbekistan	30
Azerbaijan	30
Cambodia	30
Georgia	35
Armenia	35
India	50
Malaysia	50
Sri Lanka	50
Thailand	50
Japan	70
South Korea	70
Taiwan	70
Hong Kong	90
Singapore	90

 

 

Japan: Property rights index

A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys laws protect private property rights, and the degree to which its government enforces those laws.

Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.

The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts.

The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.

Source: The Heritage Foundation and the Wall Street Journal

 

Japan does not publish official house price statistics, so land prices are taken as a proxy. Land price statistics are available from the Japan Real Estate Institute (JREI), as well as rent index. For a summary of Japan’s economic and real estate trends, see monthly JREI reports. Japan’s Statistics Bureau and the Bank of Japan have good collections of general economics data.