Zeev's Turnips Patch-No Politics (ZEEV)

[James T Kirk]

I don't want to say too much on mortgages since I'm not an expert on Japan and don't know how their methods of lending compare to ours. The page I referenced had graphs showing lower rates than the paragraph you cited. Still, even the 2-3% range could mean much lower payments for a home buyer, which was all I was suggesting. I wasn't even suggesting that those much lower payments would guarentee higher real estate prices. They didn't in Japan. Just pointing out what is possible.

As to long rates getting to 1%
http://www.mizuho-sc.com/english/ebond/bonds/yields.html

Note around late 98 their 10 year bonds.