Originally Posted by
williamluk
Actually the whole Akiya (空き家) phenomenon has been around for quite a while. You can get them dirt cheap (even free in some limited cases but those tend to be in REALLY bad shape). The problem is all these properties are in some declining rural area and there is really not much point of buying them and fixing them up (more likely a total rebuilt lol) unless you actually want to live there. Definitely no appreciation potential.
Except the program explains that most of these houses aren’t in declining rural areas as you had supposed and explores a company that has been able to buy and rent them as a viable business.