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November 22, 2024
 

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REAL ESTATE

Japan Times
BUSINESS / YEN FOR LIVING
Nov 12, 2016
Japan's laundromat bubble shows no sign of bursting
Almost every Japanese household has a washing machine, so why are so many of them using laundromats that cost them extra money?
Japan Times
BUSINESS
Oct 4, 2016
Tokyo condo sales plunge to 24-year low
Sales of new condominiums in Tokyo have fallen to the lowest since the property bubble collapsed in the 1990s.
Japan Times
LIFE / Lifestyle / HOME TRUTHS
Oct 1, 2016
Tokyo faces declining condominium prices
In Japan's housing market, there has always been one verity: Certain parts of Tokyo will always be popular and, therefore, profitable for developers. However, according to various media reports, that verity may have collapsed, at least when it comes to new condominiums.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Sep 3, 2016
For elderly residents, city life doesn't get old
The government in Japan is facing an immediate demographic crisis with regards to seniors, whose numbers relative to the general population are increasing rapidly. One of the main problems is where they are going to live out their lives.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 6, 2016
Resort condos: an option for home buyers
As everyone in Japan now knows, there are millions of vacant houses and apartments throughout the country, many of which are on sale for a song. The money and effort needed to renovate these properties, however, often isn't worth it given how inexpensive new houses can be. That, of course, is the main...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jul 2, 2016
A rise in vacancies won't mean drops in rent
According to the June 11 issue of Nikkan Gendai, the vacancy rate for rental properties in the 23 wards of Tokyo is currently 33.7 percent, while in surrounding prefectures, it's even higher: 35.5 percent in Kanagawa and 34.1 percent in Chiba.
Japan Times
BUSINESS
Jun 16, 2016
Bank of Japan buying spree inflates world's priciest real estate investment trusts
Japan's real estate investment trusts have soared in value to become the priciest in the world. More purchases by one of the biggest investors in the landlord business — the Bank of Japan — may help propel prices even higher.
Japan Times
JAPAN / Media / MEDIA MIX
Jun 11, 2016
No guarantees: the struggle of being old and alone in Japan
Foreign media have been diligently covering Japan's rocky economic road to an uncertain future, but they seem to have missed the recent bankruptcy of Nihon Life Kyokai, a company that provides guarantor services. Though it's only one failure, the Japanese press has paid particularly close attention,...
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...
Japan Times
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.
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.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
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.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
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