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November 22, 2024
 

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HOUSING

Mika and Jesse say their landlady prefers a hands-off style of property management, leaving all matters, including maintenence and repairs, to the renting couple.
LIFE / Lifestyle
Nov 18, 2023
Renting akiya: A backdoor into Japan's abandoned homes
“If the choice is between leaving (an akiya) empty or renting it out, please rent it out.”
Singapore national flags hang from the facade of a Housing & Development Board public housing estate in the Selegie area of Singapore, in 2021.
BUSINESS / Economy
Nov 17, 2023
China puts money behind Singapore model in major housing shift
Details are undisclosed, outlined in a classified "Document 14" last month.
A construction crane beyond an apartment building at dusk in the Prenzlauer Berg district in Berlin, in February.
BUSINESS / Economy
Nov 3, 2023
Europe’s great housing crisis is only getting started
With housing already tight, the situation threatens to weigh on growth and further stoke political tensions as shortages squeeze more and more voters.
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
BUSINESS / Economy
Oct 4, 2023
Surging Tokyo property prices squeeze out young professionals
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
Four major Japanese banks have announced they will raise their 10-year fixed housing loan rates for the third consecutive month in October.
BUSINESS
Sep 30, 2023
Four major Japanese banks to raise housing loan rates in October
The hikes come as Japanese government bond yields rise after the Bank of Japan effectively raised its 10-year JGB yield cap to 1% from 0.5% in July.
Workers in front of residential buildings under construction at the Phoenix Palace project, developed by Country Garden Holdings, in Guangdong province, China, on Sept. 21
BUSINESS / Markets
Sep 26, 2023
China’s ailing property market faces key test over golden week
The stakes are higher than ever this year, as the housing slowdown weighs on China’s economic recovery.
Several factors are pushing up Japan’s land prices: foreign tourism, a return of manufacturing to the country and the change in work practices after the COVID-19 pandemic.
EDITORIALS
Sep 22, 2023
Rising land prices are a cause for celebration and concern
The government said real estate prices across Japan rose 1% from the preceding year, the first such national increase in over three decades.
Shi Tieniu, 39, sits in a room of an unfinished residential building at Gaotie Wellness City complex in Tongchuan, Shaanxi province, China.
ASIA PACIFIC / Society / FOCUS
Sep 18, 2023
Broken dreams, shattered families in China's unfinished apartments
Since the property debt crisis began in 2021, thousands of homeowners have faced tough situations as smaller developers face liquidity issues.
Children try to salvage their belongings from the rubble of their house after a demolition drive by the authorities at a slum area near the upcoming G20 Summit main venue in New Delhi, in June.
ASIA PACIFIC / Society
Sep 8, 2023
Many slums disappear from Indian capital ahead of G20 summit
In 2021, housing minister Hardeep Singh Puri, told parliament that 13.5 million people lived in the city's unauthorized colonies.
A construction site where many tall apartment buildings have been constructed in recent years, in Parramatta, Sydney
ASIA PACIFIC / Society
Sep 1, 2023
Build up, not out: The high density housing push for Australian cities
With the construction industry struggling amid elevated costs and decade-high interest rates, housing affordability has become a thorny political issue.
A protest against the redevelopment of Dharavi, one of Asia's largest slums, in Mumbai. Banners read: "Remove Adani, Save Dharavi" and "First we fought the whites now we fight the thieves".
ASIA PACIFIC / Politics
Aug 28, 2023
Billionaire's bid to remake Mumbai slum spurs residents' doubts
Amid massive financial setbacks and allegations that political allies gave him favorable treatment, some question Adani's intentions.
Materials derived from cabbage (left), iyokan (center) and onion by Tokyo-based startup Fabula, which is working to develop new materials that can replace concrete.
ENVIRONMENT / Sustainability / OUR PLANET
Aug 27, 2023
Japan’s scrap-and-rebuild culture faces an environmental reckoning
The nation's tendency toward new construction — rather than renovation — is coming under renewed scrutiny amid concerns over sustainability.
An area congested with wooden houses in Tokyo's Higashi-Ikebukuro district
JAPAN / Society
Aug 20, 2023
Tokyo aiming to eliminate areas congested with wooden houses
As of 2020, Tokyo had some 8,600 hectares of such areas that are expected to suffer particularly severe damage in the event of a large quake.
Residential buildings under construction at Tahoe Group's Cathay Courtyard development in Shanghai
BUSINESS / Economy
Aug 17, 2023
China’s housing slump is much worse than official data shows
Industry insiders and economists say China’s official home-price indexes are likely understating the depth of the downturn.
People walk along Shanghai's main shopping area on March 14. China's economic activity data has been missing forecasts, raising worries that the country is approaching a crunch point.
BUSINESS / Economy
Aug 16, 2023
As China's economy slows, economists ask how much worse it can get
The demise of the country's growth has been mistakenly forecast before. Is this time different?
Residents stand in the corridors outside their homes at the Worli dairy quarters building in Mumbai. This crumbling structure houses more than 600 people.
ASIA PACIFIC
Aug 8, 2023
In Mumbai, civil servants risk safety for affordable housing
Some 600 people live in one government-owned, dilapidated block, in the same neighborhood that's home to the daughter of India's richest man.
Japan Times
WORLD
Jul 16, 2023
How to adapt home design for extreme heat
Europeans and North Americans spend around 90% of their time inside, and millions of their homes were built for weather that no longer exists.
Japan Times
ASIA PACIFIC
Jul 10, 2023
For Hong Kong's youth, government-backed hostels offer speck of housing hope
The hostel program is aimed at tackling youth frustration with housing — a factor Beijing believes contributed to the anti-government pro-democracy protests that rocked the city in 2019.
Japan Times
WORLD / Politics
Jul 2, 2023
Squeezed on housing, Sunak’s Tories take aim at EU-era water law
The British leader is considering scrapping the law as his government faces pressure to build more houses while fending off a voter backlash on pollution.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

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