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Bubble In Paradise

Odd news from Japan and all things Japanese around the world.
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Bubble In Paradise

Postby Mulboyne » Thu Mar 22, 2007 12:30 am

[floatr]Image[/floatr]Asahi: Land rush on remote isle sends prices soaring
Okinawa Prefecture--Ishigakijima, a picturesque island in the south of Okinawa Prefecture, is without question a slice of paradise. Aside from its tropical weather, it boasts spectacular coral reefs and beautiful beaches. It has also been discovered in a big way. In fact, an onslaught of migrants and tourists to the remote island has forced local and central government officials to introduce measures to curb development and protect the area's natural beauty. Newcomers and visitors are rapidly buying up property across the island...Land prices have doubled and tripled over the past five years...more...
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