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Elsewhere: > However, akiya owners are taxed more for empty plots of land than for having an empty property, according to real estate expert Toshihiko Yamamoto
by sigil 7y ago
Elsewhere:
> However, akiya owners are taxed more for empty plots of land than for having an empty property, according to real estate expert Toshihiko Yamamoto. This is a deterrent to razing a vacant home.
https://www.cnn.com/2018/12/05/asia/japan-vacant-akiya-ghost-homes/index.html https://www.cnn.com/2018/12/05/asia/japan-vacant-akiya-ghost...
If true, this would go a long way toward explaining the 13% figure.
- mcguire 7y agoWeird. We have the opposite issue in the US; I've known several instances of people demolishing an intact structure because they didn't currently have a need for a barn.