b)The condominium prices do not change largely regionally across Japan (according to table below)

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Question

Answer your friend who claims that;

b)The condominium prices do not change largely regionally across Japan (according to table below)

Do you agree/disagree with this statement,explain your reason.

2015 2018 Table 2:
2012 2016 Table 3:
Changes in
of
Table 1:
2012
1997 2005
2013
Japan:
Residential
Condo.
Prices
Rate
Property Price
(2010=100)
Net
Index
Migration
(2010=100)
101 Osaka
with
Residential
100
100
130
174
Fukuoka
0.6
0.3
Land
suburbs
Residential
100
104
110 Hokkaido
115
154
Tokyo
0.8
0.7
0.6
Property
Area
Condominiums
104
120
140
124
Japan
Average
100
Osaka
0.6
0.2
-0.2
Area
Nagoya
0.5
0.4
Area
Rest of
-0.3
-0.5
Jaрan
Transcribed Image Text:2015 2018 Table 2: 2012 2016 Table 3: Changes in of Table 1: 2012 1997 2005 2013 Japan: Residential Condo. Prices Rate Property Price (2010=100) Net Index Migration (2010=100) 101 Osaka with Residential 100 100 130 174 Fukuoka 0.6 0.3 Land suburbs Residential 100 104 110 Hokkaido 115 154 Tokyo 0.8 0.7 0.6 Property Area Condominiums 104 120 140 124 Japan Average 100 Osaka 0.6 0.2 -0.2 Area Nagoya 0.5 0.4 Area Rest of -0.3 -0.5 Jaрan
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