Japan’s hotel operators have nothing to fear from a #tourism backlash, writes Nicholas Spiro (@NicholasSpiro). Political turmoil, a cost-of-living crisis and ire towards tourists are unlikely to keep #Japan from being a top-performing hotel market.

Nicholas Spiro (@NicholasSpiro) writes that global uncertainty is driving #gold prices higher despite bubble fears. Even with stock markets surging, the price of gold is hitting new records as investors seek out stability.

Nicholas Spiro (@NicholasSpiro) writes that cooling measures are keeping #Singapore’s property market stable. The housing market will keep testing the government’s tolerance, but without interventions, things would be much more volatile.

Nicholas Spiro (@NicholasSpiro) writes that Japan’s yen safe haven trade is a distant memory. While the Japanese currency’s reputation as a safe haven was always overblown, the stability that supported it is now a thing of the past.

Nicholas Spiro (@NicholasSpiro) writes that Hong Kong’s commercial property market could do with some stress. Not only can the resulting adjustments help unlock investments, a sterner stress test can accentuate the resilience of Hong Kong’s banking system.

The worst of China’s deflation scare is now over, writes Nicholas Spiro (@NicholasSpiro). With economic indicators offering reasons to hope, the only question is how quickly and decisively Beijing can revive domestic demand.

Asia’s top #property markets must tackle the root of unaffordability, writes Nicholas Spiro (@NicholasSpiro). From #Singapore to Seoul, piecemeal efforts to expand affordability have only limited options for policymakers as housing prices rise.

Resilient Asia shines as the global office market sees signs of recovery, writes Nicholas Spiro (@NicholasSpiro). London’s Canary Wharf district is staging a recovery and the US office market has averted a crisis, but Asia remains a source of strength.

Nicholas Spiro (@NicholasSpiro) writes that #China is standing up to Trump, unlike US courts, Wall Street or big business. Beijing has taken advantage of weaknesses in Trump’s agenda and forced him to back down while others give him a free pass.

Nicholas Spiro (@NicholasSpiro) writes that South Korea and Japan are turning against foreign homebuyers. South Koreans and Japanese are understandably irked by the ease with which foreigners can acquire real estate when locals are struggling.

Nicholas Spiro (@NicholasSpiro) provides four reasons fears of a #China stock market bubble are misplaced. While there is a disconnect between China’s ailing economy and its buoyant stock market, years of bearishness are only now dissipating.

Sell #India, buy #China? Don’t get the stock and property markets confused, writes Nicholas Spiro (@NicholasSpiro). The stock market is not the economy, and India’s property market fundamentals remain strong despite investors’ turn to Chinese stocks.

Nicholas Spiro (@NicholasSpiro) writes that closer mainland integration is lifting Hong Kong’s residential market. While the benefits are being felt in the housing sector, commercial property continues to suffer from much weaker fundamentals.

Nicholas Spiro (@NicholasSpiro) provides four #Trump has pushed his luck on #tariffs too far. The first four months of Trump’s tariffs have been a political coup, yet many vulnerabilities of the US economy have been underestimated.

China’s commercial property market has its own ‘national team’, writes Nicholas Spiro (@NicholasSpiro). While Beijing hasn’t called on any funds to support China’s commercial property market, its diverse domestic investor base is a pillar of strength.

Has #India really become Trump’s top target in Asia? Nicholas Spiro (@NicholasSpiro) writes that India might be too close to #Russia for Trump’s liking, but the challenges it poses to the US pale in comparison to those posed by #China.

Nicholas Spiro (@NicholasSpiro) writes that #Osaka, Bengaluru and Johor are overlooked drivers of Asia property. To spot the big themes and trends in Asian property, look beyond the most widely traded cities and see the market’s true breadth and depth.

Does Seoul’s stock market boom signal the end of the ‘Korea discount’? Nicholas Spiro (@NicholasSpiro) writes that long-overdue corporate governance reforms and efforts to empower retail investors have created bullish sentiment around South Korean stocks.

Inflation and political turmoil won’t put investors off Japanese property, writes Nicholas Spiro (@NicholasSpiro). Rising prices and anti-establishment populism are not enough to undermine the factors underpinning the strength of #Japan’s property market.

Nicholas Spiro (@NicholasSpiro) writes that mainland capital flight is reviving the Hong Kong market’s mojo. While capital flows can be volatile, Hong Kong’s role as the conduit between Chinese and global finance puts its financial sector in a sweet spot.