Japan housing & real estate Global Markets Research EQUITY: JAPAN HOUSING & REAL ESTATE We prefer stocks with strengths in rental Shareholder returns likely to be even more important for controlling shareholders' equity Stubbornly high real estate prices, risk of decline in liquidity Investment money has been shifting substantially to AI- and semiconductor-related stocks. Investors have been losing interest in housing and real estate stocks, and investment in physical real estate has also been losing its ap ...