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International Business Times
International Business Times
Lifestyle
Priya Walia

Japan's Surplus Of Abandoned Homes Offers Rare Opportunity For Foreign Buyers

As housing shortages dominate markets worldwide, Japan stands in stark contrast with a unique challenge: an oversupply of abandoned homes. Known as "akiyas," these empty properties number over 9 million as of 2023, according to government reports, with some selling for less than $10,000.

Spread across rural and urban regions, many of these homes have sat empty for decades, offering budget-conscious buyers a rare chance for ownership and renovation.

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