I don't see the Japanese economic model (stagflation) as an equivalent to the USA for many reasons.

With the BOJ taking interest rates negative and for a variety of other reasons the Japanese people, at some point, have to become leery of JGB's.  

But if you act now, you can get my course on Real Estate Ethics for 3 easy payments of 199.99 and I will throw in a Japanese knife set ;)

Well, I remember there was a thread a couple of days ago, started by a UK investor, about a property management problem she had with her property in Detroit.I just happened to find out that a friend of mine (really, not me as I do not have any interest in investing in Detroit) got caught in a similar scam targeting at foreigners.My friend is a Japanese citizen like myself who bought a duplex through another Japanese agent working in the Detroit market.When he bought the property at $25,000, the duplex had two units occupied and rent paid for $450 each.The agent said that this property was located in a nice, strong rental area so it should be rented out quickly and claim a same or similar rent amount even if current tenants moved out.Well, soon after he purchased the property, one tenant stopped paying rent so he had to evict him.

@Michael Borger   Japanese Owned unit ???

I was there when the Japanese were buying up Kahala estates from the back of their limo's.    

For those of you who think it is impossible for rates to go any lower, the Japanese and European 10 year bond is less than 1%  where we are currently at 2% today.The markets can stay irrational for some time, but fundamentals will always win out in the long run from my experience.

Tourist there seem to be mostly American, Canadian and British, though I did run into some Chinese and Japanese.8.

When I checked the US Dollar over the previous five has not significantly changed in value when compared to the Euro, The British Pound, The Japanese Yen, The Australian Dollar, or the Canadian Dollar.

Japanese bike thing.