In years to come it is expected that Japan could have a thriving property derivates market. A number of companies are quite eager to create these OTC products. It is being said that over the counter derivates could add more stability to the property market of Japan. The country is taking cue from UK which has gained enormous success in the derivates market and around £2.9 billion worth of deals had been recorded in the first three months.
With Japan being considered the largest real estate market property derivates in is expected to a big step forward for the industry. The major push would come when uniform standards are implemented for appraisal of property values across the country. This is expected to result in good property price indices in the country in the coming years. Derivates could lead to good results for the underlying market. The government is now working towards establishment of the right infrastructure for developing property derivatives market.
Via ft
