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Why are 90 lakh homes vacant in Japan?
short by Ankush Verma / on Friday, 10 May, 2024
The number of vacant houses in Japan has risen to 90 lakh as the country struggles with declining population. The numbers include second homes and those left empty for other reasons, including properties temporarily vacated while their owners work overseas. Vacant land attracts higher taxes in Japan than land with buildings, leading some people to avoid knocking down old houses.
read more at Hindustan Times