Exploring a hidden akiya in Nikko, Japan!
3:06
Exploring a hidden akiya in Nikko, Japan!
5 months ago
MSNLife Where I'm From
📌 ‘Akiya’: Japan’s hottest property boom Japan has 9.3 million abandoned homes, known as akiya. They’re often portrayed online as cheap dream properties or easy investments. The reality is more complicated. Inheritance taxes, aging demographics, depopulation, renovation costs, zoning rules and local expectations all play a role in why so many homes sit vacant for years. For foreign buyers especially, red tape and long timelines can matter just as much as the price tag. In this episode of Japan
7:56
📌 ‘Akiya’: Japan’s hottest property boom Japan has 9.3 million abandoned homes, known as akiya. They’re often portrayed online as cheap dream properties or easy investments. The reality is more complicated. Inheritance taxes, aging demographics, depopulation, renovation costs, zoning rules and local expectations all play a role in why so many homes sit vacant for years. For foreign buyers especially, red tape and long timelines can matter just as much as the price tag. In this episode of Japan
896 views5 months ago
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