TOKYO -- Japan's household debt is outpacing income amid surging home prices, raising concern about the ability of borrowers to keep up with payments as the Bank of Japan considers further rate increases.
Property
Japan's growing mortgages lift household debt above income
Younger families hit hard, with many having no plan for higher payments
Japanese housing prices are on the rise, especially in high-demand areas like central Tokyo. (Photo by Mizuho Miyazaki)
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