CBS Evening News for Monday, Oct 12, 1987
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(Studio: Dan Rather) Report introduced.
(Tokyo, Japan: Barry Petersen) Soaring land prices in Japan reported [Japan expert Gerald CURTIS - notes scarcity of living quarters.] Lack of government planning in Tokyo noted; details given, scenes shown. [Econ. C. Tait RATCLIFFE - says it's big mistake.] Examples of housing (and costs) shown. [Condo owner Yosiharu YAMAJI - notes cost.] Young Japanese noted buying cars, not saving for houses. [Bus. consultant Thomas ZENGAGE - discusses this change in Japanese traditional lifestyle.]
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