Japan is grappling with a growing crisis of abandoned homes, with 8.9 million properties currently uninhabited, constituting about 10.3% of its total housing. By 2033, projections suggest this number could rise to 30.4%, leading to potential ghost neighborhoods across the country. Factors contributing to this issue include high inheritance taxes, the cost of demolishing empty homes, and a complex property regulation system. Local governments are taking action by identifying and tracking abandoned properties, but face difficulties due to tax increases and owners’ reluctance to act on their vacant properties.
The challenge of empty homes underscores Japan's population crisis as 8.9 million properties remain uninhabited, raising concerns about neighborhood safety and social spending.
By 2033, it's predicted that nearly a third of Japan's homes could be abandoned, highlighting an impending crisis of social and economic implications.
In Tokyo's Setagaya district, officials actively search for neglected properties, facing challenges in addressing the complexities of property ownership and tax implications.
Japan's increasing empty homes problem can be attributed to high inheritance taxes and a non-binding cadastral regulation complicating ownership responsibilities.
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