Did you know that there are more than 8 million vacant houses for sale at bargain prices in rural Japan?
This is a vacant lot in Tochigi Prefecture, north of Tokyo. The house is empty, one of 8 million homes in need of occupants.
Here are some key points to keep in mind:
The Japanese government announced that there are more than 8 million vacant houses waiting to be occupied.
Municipalities give free subsidies for housing and renovations to encourage people to move. Attractive great deals!
“Akiya Bank” offered by some provinces in Japan lists various vacant and for-sale houses. It’s easy for people to search.
Did you know that some vacant houses in Japan are almost provided away for free? If true!
To lure homeowners and residents into their Akiya millions, the Japanese government offers them financial incentives such as free real estate and large renovation grants.
The Japan Land Survey conducts surveys every five years to determine the number of vacant homes in Japan. A survey conducted in 2018 showed that there were about 8.49 million vacant houses in Japan. The reasons for this are high mortality rates and the tendency of people to leave their country of origin and move to another place of residence. This information has proven useful in analyzing Japan’s growing job vacancies.
However, general records in Japan show that 13.6% of the 62.42 million households are uninhabited. Japanese Prime Minister Yoshihide Suga has made the revitalization of Japan’s rural areas an important part of the country’s socio-economic plan.
Is anyone interested in vacant homes?
A vacant lot in Nagano, Japan.
To make it easier to find vacant homes in Japan, cities such as Tochigi and Nagano established “Akiya Banks”.These banks list all the vacant houses in Japan and sell them for as little as 50,000 yen ($455).
Abandoned vacant buildings in Okutama city west of Tokyo are even free. Interestingly, these lands were then converted into workshops and restaurants to make the most of them. Helping previous homeowners with difficulty using their property and paying taxes. It also helps the city by minimizing number of abandoned buildings that may collapse or pose a risk in the future.
The program helps cities clean up abandoned buildings that are at risk of collapse and also convenient for owners to pay their taxes. This was announced by the Nikkei at the Okutama government office. The provincial government has found a good way to attract online workers to these vacant homes is to give them cash.
Vacancy rates in Mikasa, northern Hokkaido, fell by 11 percent, according to reports, as the city introduced subsidies for buying children and houses. Meanwhile, there are so many vacant properties in the city has dropped, with the local government offering 2 million yen to people who renovate certain homes listed in its database.
In September, it was reported that a program would provide 1 million yen ($9,114) in cash grants to Tokyo-based contract remote workers working in the field.
What are the trends in the world? Let’s find out
The southern Italian town of Cinquefronti has started giving homes for 1 euro as part of a resettlement strategy. Wow! It was too cheap. Even in the US, people can get thousands of dollars and sometimes move in for free.
The southern town of Cinquefrondi has strategically started selling houses for as little as 1 euro ($1.14) to increase the town’s population, and it’s spreading like wildfire. On the other side, a city called Locana offers a similar deal, with the added benefit of a 9,000-euro ($10,971) cash incentive to remote workers with children.
Take it home in rural Japan today!