Tokyo faces declining condominium prices

| Oct 1, 2016

Tokyo faces declining condominium prices

In Japan’s housing market, there has always been one verity: Certain parts of Tokyo will always be popular and, therefore, profitable for developers. However, according to various media reports, that verity may have collapsed, at least when it comes to new condominiums. In its ...

For elderly residents, city life doesn't get old

| Sep 3, 2016

For elderly residents, city life doesn't get old

The government in Japan is facing an immediate demographic crisis with regards to seniors, whose numbers relative to the general population are increasing rapidly. One of the main problems is where they are going to live out their lives. According to a 2015 report ...

Resort condos: an option for home buyers

| Aug 6, 2016

Resort condos: an option for home buyers

As everyone in Japan now knows, there are millions of vacant houses and apartments throughout the country, many of which are on sale for a song. The money and effort needed to renovate these properties, however, often isn’t worth it given how inexpensive new ...

A rise in vacancies won't mean drops in rent

| Jul 2, 2016

A rise in vacancies won't mean drops in rent

According to the June 11 issue of Nikkan Gendai, the vacancy rate for rental properties in the 23 wards of Tokyo is currently 33.7 percent, while in surrounding prefectures, it’s even higher: 35.5 percent in Kanagawa and 34.1 percent in Chiba. One real estate ...