Nipponica

Sekisui House, Daiwa House Industry and Sumitomo Forestry together sold around 30,000 homes in the U.S. in fiscal 2023, about 30% more than in Japan.

The three Japanese groups are especially focused on Texas and Florida. More companies like Tesla are moving their headquarters to these states for their low tax rates, creating an influx of employees and boosting demand for housing.

Texas has plenty of space but I thought Florida was completely built up or underwater. Guess there is still a little bit of land to shove a thousand more units onto.