- 17 Sep 2005
- 6,017
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The Economist said:Niki Hidenori, who runs a property firm focused on jiko bukken in Kobe, says more tenants are "weighing the price and taking a pragmatic approach". In March average studio rents in central Tokyo rose by 13% year on year, a record high for the 22nd consecutive month. A recent survey suggests a majority of Japanese would consider living in a jiko bukken. Investors are drawn too; legally, a death need not be disclosed after three years have elapsed, so a property bought at a discount can later be sold at full price.
Sorry, it's behind a paywall, although you can read the article for free if you create an account. Regardless, have you heard of this? I thought that houses were people died were more or less taboo?