Why are 90 lakh homes in Japan vacant? Report says…
14% of all residential properties in Japan are vacant, as per the figures compiled by the Ministry of Internal Affairs and Communications.
The number of vacant houses in Japan has climbed to nine million, that's more than the number of persons residing in the New York City. Experts say that Japan's declining population is the cause of this significant rise in houses without people. 14% of all residential properties in Japan are vacant, as per the figures compiled by the Ministry of Internal Affairs and Communications, reported CNN.

Such abandoned houses are known as "Akiya," and were known to be found in rural areas of Japan. But now such houses can be found in big Japanese cities like Tokyo and Kyoto.
“This is a symptom of Japan’s population decline. It’s not really a problem of building too many houses” but “a problem of not having enough people,” Jeffrey Hall, a lecturer at Kanda University of International Studies in Chiba told CNN.
Notably, Japan has been facing an aging population and witnessing low birth rate.
Among the abandoned homes are second homes of people, properties temporarily vacated while their owners work overseas and those left empty for other reasons.
ALSO READ| Japan real wages fall in March, marking 2 years of decline
Due to low fertility rates in Japan, many Akiya owners have no heir to pass their house to. At times, Akiyas are inherited by younger generations who have moved to the cities and don't want to return to rural areas.
Jeffrey Hall further informed that even if owners want to sell such abandoned houses, they might have a hard time finding buyers.
“Many of these houses are cut off from access to public transport, health care and even convenience stores,” he said.
Hall further highlighted how difficult it is for a foreigner to buy the Akiyas in Japan. He said that administrative work and the rules behind buying such houses is not easy for somebody who doesn’t speak Japanese and read Japanese very well.
“They’re not going to be able to get these houses for cheap,” he said.
ABOUT THE AUTHORHT News DeskFollow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

E-Paper


