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May 15, 2024
 

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PROPERTY

Japan Times
BUSINESS / YEN FOR LIVING
Nov 12, 2016
Japan's laundromat bubble shows no sign of bursting
Almost every Japanese household has a washing machine, so why are so many of them using laundromats that cost them extra money?
Japan Times
JAPAN
Oct 9, 2016
Asian investors snapping up Japanese properties
Japan's property market is luring more attention from Asian investors keen to reap capital gains or achieve high yields not available at home with a long-term view of holding their assets.
Japan Times
BUSINESS
Oct 4, 2016
Chinese cities move to restrict property purchases to cool soaring prices
Four Chinese cities have announced new restrictions on property purchases as the government tries to cool soaring home prices stoked by property speculators in second- and third-tier cities across the country.
Japan Times
LIFE / Lifestyle / HOME TRUTHS
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.
EDITORIALS
Sep 27, 2016
Polarization in regional land prices
A gap is growing in land prices between the four major regional cities of Sapporo, Sendai, Hiroshima and Fukuoka, and the rest of the regional economies.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
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.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
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 houses can be. That, of course, is the main reason why there are so many vacant homes in the first place. With the Airbnb boom, people may think they can buy some of these cheap residences, fix them up and make a killing by renting them out to tourists. However, 75 percent of the Airbnb listings in Japan are in Tokyo, Osaka and Kyoto, cities where property remains expensive, and 70 percent of all listings are apartments and condos.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
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.
Japan Times
WORLD / Politics
May 12, 2016
Countries pledge to fight graft by revealing who owns companies
Countries from Britain to Afghanistan pledged on Thursday to set up public registers of company ownership in a collective effort to make it harder to launder the proceeds of corruption around the globe.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 30, 2016
Yukarigaoka proves 'new towns' can age well
Tama, in western Tokyo, is currently trying to find a way to rehabilitate Parthenon Tama, the city's public cultural complex. During headier times, Parthenon hosted world-famous classical musicians and theater companies, and in addition to a large auditorium and a small auditorium, it contains a museum, a gallery and numerous conference rooms. According to the Asahi Shimbun, the 30-year-old facility is now in need of more than ¥7 billion worth of renovations that the local government says it can't afford. As it stands, it spends ¥400 million a year just to maintain the facility, and if it doesn't act soon, the complex may become unusable.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 2, 2016
Low interest rates cause spike in refinancing
It has been more than a month since the Bank of Japan introduced negative interest rates in its bid to revitalize the economy. For consumers, the rate change is a mixed blessing. Obviously, interest on deposits will not go up any time soon, but anyone thinking of buying a house or condominium can get cheaper loans.
Japan Times
COMMUNITY / How-tos / LIFELINES
Mar 20, 2016
Patent and copyright laws can help you win redress when wronged
A reader writes: I have a problem regarding misleading information on a home page, confusing labels and the use of my intellectual property rights on some products.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Mar 5, 2016
Tohoku is literally still waiting to move on
Earlier this month, the NHK travel series, "Tsurube Toasts Families," in which rakugo (traditional comic storyteller) performer Shofukutei Tsurube and a guest visit a town and talk to residents on an impromptu basis, went to some new communities in the area destroyed by the Great East Japan Earthquake and tsunami of March 11, 2011.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Feb 6, 2016
The ups and downs of apartment elevators
In the 2014 American movie, "5 Flights Up," Morgan Freeman and Diane Keaton play an elderly couple who think about selling their two-bedroom Brooklyn apartment. Since they have lived in the unit all their married life, the decision is a difficult one, and the premise of the plot hinges on the reason for their putting it on the market, which turns out to be a simple one: They live on the top floor of a five-story building with no elevator.
Japan Times
BUSINESS / Economy
Jan 29, 2016
Japan's 'quiet property bubble' faces end as transactions slide
The number of property transactions in the nation has tumbled, rents have been muted and inflation expectations have waned — all of which has prompted a growing number of analysts and economists to turn bearish on property prices, which have been recovering since Prime Minister Shinzo Abe came to power in 2012.
Japan Times
CULTURE / Art
Jan 19, 2016
'The Great Masterpieces of Museum's Collection: "Red and White Plum Blossoms" and "Tea-leaf Jar With a Design of Wisteria" '
Jan. 29-March 6
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jan 2, 2016
Getting a high rise out of dodging taxes
About a year ago, we talked about using real estate purchases to lower inheritance and gift taxes. Obviously, people who are able to take advantage of these schemes are already well off — the average person doesn't have to worry about paying inheritance taxes when his or her parents die because for most people there aren't enough assets involved.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Dec 5, 2015
Aota-uri: 'green' condominiums to be wary of
Each year between 1990, when Japan's asset bubble burst, and the 2007 recession, about 200,000 new condominium units were added to Japan's housing stock. After 2007, the number dropped to about 100,000, but, depending on the year, anywhere from 50,000 to 70,000 of these units were built in the Tokyo Metropolitan Area. In contrast, during the same time period about 5,000 single-family houses were built in the Tokyo region every year. Condos have thus become the mainstream style for new housing in the capital region, mainly due to the higher cost of land.
Japan Times
LIFE / Lifestyle
Nov 7, 2015
Heart of darkness: Nostalgic Tokyo disappearing amid construction boom
The Shinagawa neighborhood of Musashi-Koyama — a vibrant maze of tiny alleyways that once housed dozens of small eateries, tapas restaurants and bars — is now a virtual ghost town.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 31, 2015
Not-so-friendly neighborhood associations
When the U.S. military took charge following Japan's surrender in 1945, one of the first things it did was ban jichikai, or community associations. The thinking was that these organizations had carried out the work of the military government at the neighborhood level and their continued existence might undermine Japan's changeover to a more representative democracy. It didn't quite work, though. As soon as the Occupation was over, jichikai returned.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Yen’s fragility raises specter of a new currency war in Asia
Suspected intervention to drag the yen off a 34-year low against the dollar is already seen as unlikely to have a lasting effect if Japan continues alone.
Online booking for Mount Fuji climb to open on May 20
Visitors climb the slopes of Mount Fuji, Japan's highest peak at 3,776 meters. From May 20, climbers will have access to a new online booking system for Mount Fuji's most popular Yoshida trail in Yamanashi Prefecture.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

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How 'Reiwa moms' are reshaping motherhood in Japan
By Mai Yoshikawa

SUSTAINABLE JAPAN

Cultural properties:A Fujiya Hotel insider’s view
Cultural properties:A Fujiya Hotel insider’s view

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