Stable demand, in retiree market - yes, but also in several other segments: professional working remotely, new Americans. 

Land prices have remained stable in Japan over the ages and buildings go down in value or depreciate like elsewhere.

I've worked with groups like Sands Investment Group, Hudson Edge LLC, and others, where I primarily analyzed industrial properties with long-term leases and high recent growth potential, alongside stable A-class multifamily properties with value-add opportunities.While many of the groups I've worked with are hesitant to relinquish control of their investments, my goal is to create a balanced yet diversified portfolio, focusing on high-growth industrial assets and value-add multifamily properties.

And the rental market is pretty stable.

@Mitchell Rosenberg  - I think the overall thinking is that most prefer areas that have a growing population with a growing/stable economy base that is diversified.

Prioritize stable cash flow, good location, and manageable property condition, while considering strategies like gradual rent increases, expense reduction, and value-add improvements to enhance returns.

How stable is your tenant market?

However, all properties in the funds are stable and we still feel pretty confident that things will pan out well.Our biggest gamble in all of our investing was with Goodegg.

There’s a big difference between an area that attracts stable tenants and one where you’ll be chasing rent every month.Personally, I’ve built a 12-door portfolio here, and it’s been a mix of cash flow and appreciation.

Identifying these trends and targeting high-demand areas can yield solid returns.Long-Term Stability: Real estate has historically been a stable, appreciating asset class.