Aerial view of the Harumi waterfront area, Harumi, Tokyo, where the 2020 Tokyo Olympics Athletes' Village is scheduled to be built.

Land prices are expected to rise in the waterfront area of Harumi, Chuo-ku, Tokyo, where the athletes' village for the 2020 Tokyo Olympics is scheduled to be built. The July 1 base land price figures clearly show that land prices in metropolitan areas have bottomed out, reflecting a recovery in corporate earnings and an increase in housing demand due to the effects of the Abe administration's "Abenomics" economic policy. Some believe that the hosting of the Tokyo Olympics and Paralympics in 2008 will further boost land prices in the metropolitan area. The photo was taken on September 13, 2013, from a helicopter over Tokyo's Chuo Ward. The photo was taken on September 13, 2013 and published in the morning edition of the same month (Metropolitan Areas Recovering, Land Prices Leading the Rise with the Olympics).