Aug 2, 2014

Japan to reduce unsafe abandoned houses by cutting tax breaks

The government will review fixed property tax breaks for housing land to reduce abandoned houses that are rapidly increasing in number across the country due to the shrinking population, informed sources said. Decaying houses will be disqualified from the tax incentives once they are ...

Abandoned homes a growing menace

Jan 7, 2014

Abandoned homes a growing menace


Shinichi Ueda points to a two-story house standing on 7-meter-tall concrete blocks, flanked by other elevated dwellings. Built on a slope, the wooden structure — part of a 1,000-unit-plus residential area developed in the late 1970s in the suburban city of Tokorozawa, Saitama Prefecture ...