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Japan’s part-time landowners are overestimating single-tenant needs

Posted on 04 December 2012

The media focus has been on vacant single-family homes, the number of which is on the increase because so many owners die without heirs who are willing to assume the title. If such houses aren’t put up for sale they become firetraps and eyesores, so local governments want them torn down.
But these houses account for a small percentage of vacant residences. The largest portion by far, almost 55 percent, is made up of rental properties, mostly apartments………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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