But from a speculator's point of view, 8% tax is a whole lot, it means that now japanese buyers are able to have 8% more buying power than they had previously. This is obviously great news.
Oh definitely. Let's not forget the added legal clarity. I don't think we'll see much of a difference short term, but long term this definitely makes for a much more attractive investment.
I also heard several Japanese exchanges are going to be more actively involved in the payment process.