• Kyodo


Just over half of condominium owners in Japan were 60 or older as of December, up 10.7 points from the previous survey five years ago, the government says.

Owners who said they intend to live in their condos for the rest of their lives rose to 52.4 percent, according to the quinquennial survey by the Land, Infrastructure, Transport and Tourism Ministry released Wednesday.

A ministry official said condos appeal to older people because they have more accessible features compared to houses with stairs.

“An increasing number (of condos) are being built with barrier-free designs and are close to convenient city centers,” the official said.

The older the owner, the more likely they are to want to continue living in the current property for the rest of their life, the survey said.

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