Its becoming more of an urgent issue, and it is important to come up with measures to resolve it because the time is running short, he said. Japan can maintain the percentage of vacant homes at around 15 percent if the government starts introducing measures to encourage the owners to tear down vacant homes, Sakakibara of Nomura said. It used to be common that parents find ways to increase the value of what they have and pass it down to their children, he said. But now, one can no longer expect much. To contact the reporters on this story: Kathleen Chu in Tokyo at email@example.com ; Katsuyo Kuwako in Tokyo at firstname.lastname@example.org To contact the editor responsible for this story: Andreea Papuc at email@example.com Houses in Yokosuka City Akio Kon/ Bloomberg Even when the number of vacant homes is on the rise, more and more new homes are being built, said Hidetaka Yoneyama, a senior researcher at Fujitsu Research Institute in Tokyo who has written five books on Japans housing market.
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Housing Starts Up in August
The economy in the U.S. changes, so this year we will open a store in Minot, N.D. I never would have thought we’d be opening a store in Minot, but look at what’s happening with shale oil — it’s booming.
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Housing is back – and so is Home Depot
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