Value of US base land in Japan enough to buy all of New York City
Value of US base land in Japan enough to buy all of New York City
If the value of all the Japanese land "occupied" by the U.S. military was combined, there would be enough money to buy all of New York City, including the Statue of Liberty, which is a symbol of how little liberty Japan actually has, according to Flash (12/27).
The men's weekly claims to be outraged by what it calls Japan's blind obedience to the United States even as it was supposed to be negotiating with its ally to reduce the burdens, fiscal and otherwise, local governments carry here to host the U.S. military.
Flash says its own independent study revealed that Japan is home to 88 U.S. military installations, which combined take up 312 million square meters with a total land value exceeding 14 trillion yen.
"Using the results of the global real estate market survey carried out in 1999 by the former National Land Agency and the Japanese Association of Real Estate Appraisal, 14 trillion yen would be a sum large enough to buy all the land in New York City, based on the standard value of residential land," an appraiser familiar with the residential market tells Flash.
Of course, the figure doesn't include New York's mercantile nature and commercial value, but that doesn't change the fact that over 14 trillion yen worth of Japanese territory is being "occupied," the weekly says.
Tokyo ranks third among Japan's 47 prefectures in terms of the amount of territory used by the U.S. military, following only Okinawa and Kanagawa prefectures. Tokyo Metropolitan Government officials are actively seeking the return of land in the capital that is currently under the control of the U.S. military.
"Bases in Tokyo should have their status reviewed, downgraded and ultimately be returned to the control of the Tokyo Metropolitan Government. Yokota Air Field (U.S. Air Force Base) in particular is being strongly sought as the location of a third airport in Tokyo, where demand for flights increases yearly," a metropolitan government spokesman tells Flash. "As far as the metropolitan government is concerned, our policy for the time being is to continue to propose to the national government and U.S. military that the joint civilian-military use of facilities be permitted. We want the U.S. military to immediately return the Akasaka Press Center and Tama Service Annex should be opened up to as many Tokyo residents as possible."
The U.S. military presence in Tokyo also causes a decline in local land values, according to the veteran appraiser.
"Ground around Yokota Air Base is strong and able to withstand earthquakes, which makes it really good for housing. Other popular residential areas like Tokorozawa and Sagamihara are also homes to U.S. bases," the appraiser tells Flash. "Basically, what I'm trying to say is that there are these huge U.S. bases located in commutable areas within about an hour's train ride from central Tokyo and these prove to be considerable obstacles as far as things like land values and residential construction are concerned." (By Ryann Connell)
December 16, 2005
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Along those same lines I have read that if they sold the land in downtown Tokyo where the Imperial Palace is the money would be enough to buy the whole state of California.
[CENTER]Robert Rousselot
[B][I]Yeah, I’m humble…..I’m just not obsequious--- me [/I][/B]
[B][I]Human behavior flows from three main sources; desire, emotion, and knowledge --- Plato[/I][/B][/CENTER]