# Japan's Omi says land prices don't indicate bubble

Japan's rising land prices reflect the country's economic recovery and don't indicate an asset bubble, finance minister Koji Omi said Friday 23 March.

Land prices are showing that the overall economy is getting better and they're not signs of a bubble at all,'' Omi said at a press conference in Tokyo. Rather, they signal that the economy is normalizing.''

It's true we're seeing some areas that are overheating, but currently we don't think it'll result in a bubble,'' economic and fiscal p

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