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Remote Work Drives Japanese to Suburbs, Boosting Home Lender

(Bloomberg) The work-from-home phenomenon during the pandemic is providing an unexpected boon for one of Japan’s biggest mortgage lenders.Resona Holdings Inc. is enjoying a surge in demand for credit from homebuyers seeking larger properties in the suburbs, where the bank has a strong presence, President Masahiro Minami said. Its mortgage loans climbed 6.5% to 1.3 trillion yen ($12 billion) in the year ended March, the highest in at least three years.“I didn’t expect the housing loan business ....

President Masahiro Minami , Resona Holdings Inc , Mortgage Loans , ப்ரெஸிடெஂட் மசாஹிரோ மினாமி ,

Remote work drives Japanese to suburbs, boosting Resona Holdings

The mortgage lender is enjoying a surge in demand for credit from homebuyers seeking larger properties in the suburbs, where the bank has a strong presence. ....

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