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Why are there millions of empty houses in Japan?

The Inquiry

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The Importance of Private Property in Japan

Official figures identify more than 8 million abandoned homes across Japan. There are several reasons for the empty private property glut. One is financial - if a house disappears so does tax relief, meaning there's more to pay. Another key reason is spiritual as some families have too many memories to be torn down or sold on when the last descendants depart.

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