Japanese property shares struggle with deflation jitters

Please, someone explain this sentence to me:

"Investors had hopes that Abenomics - a series of monetary and fiscal policies implemented under the watch of Prime Minister Shinzo Abe - would defeat deflation in an economy that had barely grown over the last 20 years."

As far as I can tell, this "series of monetary and fiscal policies" consists of loads of Yen, created on a computer out of thin air. The so-called "trickle down effect" is a myth that every sane person in other countries only laughs about nowadays.

What is Mr Abe's series supposed to be?

Trickle down economics is a policy that says if someone can get rich, let him, as he will then spend his money on goods and service which will spread the welath to many other people.

Abenomics is a policy which takes from savers (primarily the older rich and large corporatons) and rewards borrowers (primarily central and local governement but also leveraged investors).

There is little connection.

@volland

No need to explain as you summed it up well.

It also seems ridiculous to expect property shares overall to increase when the population of even Tokyo is shrinking.

".... Yen, created on a computer out of thin air."

How else do you expect yen, a fiat currency, to be issued in the 21st century, when the gold standard was abolished ages ago?

Property prices have been rising in Sendai. It's better to spend your Yen on something solid, rather than let Abe devalue it.