Why 9 million houses are lying empty in Japan
Japan faces a significant issue with approximately 9 million houses remaining unoccupied. This phenomenon is attributed to various factors including demographic shifts and urban migration. Understanding the implications of these empty homes is crucial for the future of the real estate market in Japan.
- ▪Japan has around 9 million vacant houses.
- ▪Demographic changes and urban migration contribute to this issue.
- ▪The empty homes situation poses challenges for the real estate market.
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