Property Rights Index - Japan Compared to Asia
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.
Japan has house price statistics, particularly monthly average condominium prices in Tokyo, published by the Land Institute of Japan. 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