Japan has millions of empty houses. Want to buy one for $25,000?
As Japan’s population shrinks and more properties go unclaimed, an emerging segment of buyers is seeking out rural architecture in need of some love.
Source: staradvertiser.com
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As Japan’s population shrinks and more properties go unclaimed, an emerging segment of buyers is seeking out rural architecture in need of some love.
New York Times: By 2033, 30 per cent of all Japan's houses will likely be vacant.
Japan’s shrinking population, combined with a preference for new homes, means many houses are simply abandoned. Even homes just 45 minutes from central Tokyo.
With a shrinking population and more than 10 million abandoned properties, the country is straining to match houses with curious buyers.