Tag - real-estate

 
 

REAL ESTATE

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,...
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...
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...
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...
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...
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...
Japan Times
BUSINESS / YEN FOR LIVING
Dec 12, 2015
Investors see big returns as Airbnb takes off in Japan
While many see Airbnb as a possible fix for two seious problems in Japan — the shortage of hotel rooms and a steady increase in vacant buildings — others see an investment opportunity.
COMMENTARY / Japan
Dec 6, 2015
It should be home sweet home, but not in Japan
The destructive nexus between construction companies, bureaucracy and politicians is largely responsible for Japan's glut of rapidly depreciating houses.
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...
BUSINESS / Companies
Nov 30, 2015
Nippon Life plans Japan's largest REIT as investors crave yields
Nippon Life Insurance Co., which is seeking to gather about ¥300 billion ($2.4 billion) for what would be Japan's largest private real estate investment trust, is targeting returns of 4 percent as yields on government bonds languish near zero.
JAPAN
Nov 17, 2015
Japan piling probe to expand to entire industry as data falsification fears grow
The infrastructure ministry says it will expand its probe into data management for piling work to the entire industry, as fears of manipulation involving building foundation piles continue to grow.
Japan Times
ASIA PACIFIC
Nov 16, 2015
Philippines' Aquino pushes infrastructure projects as term in office ends
With seven months left in office, Philippine President Benigno Aquino III is taking measures to strengthen his infrastructure legacy and boost the resilience of one of Asia's fastest-growing economies.
JAPAN
Nov 13, 2015
Asahi Kasei piling scandal grows to at least 50 workers, 266 sites
The company at the center of Yokohama's tilting condominium reveals that over 50 employees falsified data on at least 266 piling projects over the past decade.
EDITORIALS
Nov 11, 2015
Piling scandal needs deep probe
The probe into the piling data scandal mustn't end with individual companies and workers; instead it should dig deep into the very foundation of the construction industry and get at the real root of the problem.
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...
JAPAN
Oct 22, 2015
Asahi Kasei subsidiary worker linked to leaning Yokohama condo handled 41 projects over 10 years, firm reveals
An Asahi Kasei Construction Materials Corp. employee at the center of a tilting condo controversy oversaw 41 projects in nine prefectures over 10 years.
Japan Times
BUSINESS
Oct 22, 2015
Kuroda effect seen as homebuyers choose fixed-rate mortgages
Homebuyers are starting to bet that the unprecedented monetary easing of Bank of Japan Gov. Haruhiko Kuroda will cause interest rates to rise, even as inflation stagnates well below the official 2 percent inflation target.
JAPAN
Oct 20, 2015
Tilting condo may be tip of iceberg for shoddy housing construction nationwide
The scandal surrounding structural flaws and falsified data for a tilting residential building in Yokohama has cast a spotlight on loopholes in the real estate industry's entrenched system, according to experts who speculate the trouble may turn out to be just the tip of an iceberg.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 3, 2015
Don't be green about the charm of tatami
When we were thinking of buying a condominium, we visited several old danchi — apartments built by Japan's former public housing corporation — because they were cheap and, we thought, easy to renovate. One of the units we inspected had bedroom floors made of tatami mats, and we wondered if we could...
EDITORIALS
Sep 25, 2015
Clouds on the horizon for land prices
Land prices are generally on the upswing, but the gap between urban and rural areas is growing worse.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past