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High-end residential vacancy rates rise in Tokyo and Osaka due to absentee ownership
Nikkei Asia·JP·about 9 hours ago
A study of 303 high-rise buildings in Tokyo and Osaka reveals that 48% of upper-floor units are owned by individuals not registered as residents at those addresses. This trend suggests significant investment-driven demand, which is contributing to upward pressure on urban real estate prices in Japan's major metropolitan centers.
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