Unpacking Akiya: The Millions of Empty Houses in Japan yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
By Edurne Morillo Tokyo, Feb 21 (EFE).- Japan has nearly 10 million abandoned “akiya” properties, either free or priced between $55,000 and $110,000, making up an investment opportunity for foreign owners looking to settle in the Asian economic and business prowess that is battling an aging population and declining growth rate. Anton Wörmann, a 31-year-old …
As Japan’s population shrinks and more properties go unclaimed, an emerging segment of buyers, feeling less tethered to overcrowded cities, is seeking out rural architecture in need of some love.