No one home: Japan’s dwindling population means a housing oversupply

Japan’s birthrate was the lowest on record last year, so it’s reasonable to assume there would be more empty houses scattered throughout the country. But a new survey shows the problem is far greater than expected. Today, the number of vacant homes has jumped to 8.5 million, meaning 1 in 7 homes across the country is empty, Bloomberg reported. Japan’s inventory of vacant homes increased by around 260,000 since the government’s last twice-a-decade survey of […]

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