Keine einfache Lösung für die steigenden Immobilienpreise in Tokio
Keine einfache Lösung für die steigenden Immobilienpreise in Tokio
5 Kommentare
> “Even if the percentage of real estate acquired by foreign nationals is small, it could still have the impact of pushing up prices,”
Must be foreigners. It has to be foreigners. No other possibility than foreigners. I’m sure it is foreigners. They ate all the rice already. /s
take reference from other countries and design one suitable for Japan.
> Even if real estate acquisitions by foreign nationals was contributing to skyrocketing prices, observers believe imposing restrictions on purchases based on nationality would be difficult. This is because when Japan joined the WTO in 1995, the government prioritized attracting investment from abroad and agreed to treat Japanese and foreign nationals equally in real estate transactions.
> The situation is different elsewhere. The United States and Australia have reserved the right to distinguish between their own and foreign nationals when it comes to land acquisitions.
It’s genuinely mind blowing to me that actual residents living and contributing to the society here are rejected based purely on their ethnicity all the time and are forced to bite the bullet and rent the worst properties, while people living elsewhere and taking advantage of the cheap yen to buy real estate are treated equally.
Japan has its priorities, I guess.
Have they tried raising taxes on empty apartments?
The solution is to build more, and to celebrate and be grateful for the flood of foreign capital transforming the city’s skyline and upgrading the housing stock.
Let’s not be nostalgic about the quality of Tokyo housing. Many Japanese still live in cramped, quasi-slum conditions. As areas of the city are transformed and gentrified, living conditions improve for all.