JAPAN PROPERTY MARKET WITHSTANDS EARTHQUAKE DEVASTATION, ALTHOUGH NUCLEAR FEARS COULD HIT INVESTMENT
April 1st, 2011
BY JULIAN RYALL
NEARLY two months after northern Japan was shaken by a magnitude-9 earthquake and then inundated by a tsunami that in places reached a height of 38 metres and devastated the Fukushima nuclear power plant, the final toll has not been calculated. As of April 24, 14,300 people had been confirmed killed, but 11,999 residents still had not been accounted for.
It has been similarly difficult to get an accurate picture of the harm caused to properties in the region, both residential and commercial, but a preliminary estimate by the Japanese government ...
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