PropertyJapan ski resort town boasts highest jump in land price for 2nd year
Nagano prefecture's Hakuba caught between expanding tourism and frustrated locals
This swing set facing snowcapped mountains is one of the most popular attractions at the Hakuba Iwatake Mountain Resort. (Photo by Ryo Miyake)
RYO MIYAKE, SAHO NAKAGAWA and KANON WAKABAYASHI
TOKYO -- A village in central Japan famous for its ski resorts logged a 32.4% spike in roadside land prices, according to official data out Tuesday, making the town home to the largest such year-on-year increase nationwide for the second straight year.