Description: In this episode, Joey and Take discuss the recent fluctuations in the yen and their impact on Japan's real estate market. Joey, with a master's degree in macroeconomics from Cambridge, explains the yen carry trade, the Bank of Japan's interventions, and the resulting effects on exchange rates and the stock market. They also share insights on how these changes influence property prices for foreign buyers and offer practical advice for navigating these economic shifts. Plus, they talk about the latest developments at Tama Base Camp and their exciting new property venture in Hiroshima. Tune in for a blend of economic analysis and real estate strategies. 00:10 Introduction and Welcome 00:23 Back from Japan: Travel Stories 01:14 Tama Base Camp Rental Details 02:03 Market Predictions and Yen Carry Trade 04:39 Impact of Exchange Rates on Property Prices 07:29 Understanding the Yen Carry Trade 09:42 Bank of Japan's Actions and Market Reactions 15:04 Global Economic Factors and Their Effects 17:03 Real Estate Trends and Affordability 19:13 Conclusion and Future Plans