E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. INTERNATIONAL

Record 9 Million Vacant Homes In Super-Aged Japan

Record 9 Million Vacant Homes In Super-Aged Japan

BY Realty Plus
Published - Thursday, 09 May, 2024
Record 9 Million Vacant Homes In Super-Aged Japan

Japan is grappling with a significant challenge as the number of vacant homes, known as "akiya," has surged to a record high of nine million, which is more than the population of New York City. This alarming increase is largely attributed to the country's continuously declining population, presenting a unique set of problems for both urban and rural areas.

This situation is exacerbated in cities like Tokyo and Kyoto, where abandoned homes are increasingly common. The akiya issue is not just a housing market concern but also poses significant risks during disasters, such as earthquakes and tsunamis, which Japan is prone to. The Ministry of Internal Affairs and Communications reports that 14% of all residential properties in Japan are now vacant, encompassing second homes and those temporarily unoccupied due to owners working abroad.

The issue also has a negative impact on the value of real estate in areas with high concentrations of akiya, as these properties stall development and lower regional attractiveness.

As Japan's population continues to shrink and the number of children born each year declines, the challenge of managing and repurposing these empty homes remains daunting. With the fertility rate remaining far below the replacement level, the problem of too many homes and too few people is expected to persist, shaping the future of housing and urban development in Japan.

RELATED STORY VIEW MORE

World’s Tallest Bridge in China Becomes a Tourist Destination
The Industrial Skyline: Turning China’s Old Factories into Cultural Spaces
Dubai Real Estate Hits Record Quarterly Sales, Nears AED 500B

TOP STORY VIEW MORE

PRISM Reshuffles Global Leadership to Accelerate International Expansion

PRISM, the parent company of OYO, has announced a strategic leadership realignment to strengthen global operations and drive growth across key markets.

11 October, 2025

Arpita Roy Luthra Joins Schindler India as VP – NI Sales & Strategy

11 October, 2025

Rs. 3 Crore Homes: Are High EMIs Costing Your Freedom?

11 October, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website