Japan's lenient policy on non-resident property purchases has made it too easy for foreigners to buy property. In major cities like Tokyo, surging prices have made it difficult for many Japanese to afford, with some pointing fingers at foreign buyers.
Japan has almost no restrictions on non-resident property purchases, requiring only proof of identity and funding sources. This policy has attracted many overseas investors but has also sparked controversy.
In major cities like Tokyo, surging prices have made it difficult for many Japanese to afford, and some believe the influx of foreign buyers has pushed up prices.
The government is considering stricter regulatory measures, including expanding declaration obligation scope and strengthening review mechanisms, to balance attracting foreign capital with protecting local homebuyer rights.
Data source: news.sina.com.cn