Okinawa's 'Miyakojima bubble': tourism boom drives up land prices

NAHA, Japan -- Miyakojima, in Japan's Okinawa prefecture, finds itself in the middle of a real estate frenzy as investors pour money into hotels and resorts in anticipation of a tourism boom as the COVID-19 pandemic subsides. Known for its crystal-clear, "Miyako Blue" sea, Miyakojima and its…

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