TOKYO -- One of Tokyo's 23 wards on Friday called for a five-year ban against the resale of condominiums to combat the rise of property values from speculative transactions.
Property
Tokyo ward seeks 5-year ban against condo resales to cool prices
Chiyoda aims to halt speculative purchases and support those looking for dwellings
Condominium prices in the heart of Tokyo rose 20% in the first half of the year. (Photo by Tomoki Mera)
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