Why I Bought an Abandoned House (Akiya) in Tokyo
Tokyo has always had a piece of my heart. I spent eight years here during my early 20s, and ever since, it has felt like my second home. But even after living in some of the world's most expensive major cities—including London, New York, Milan, and San Diego—over the last two decades, I never imagined I would actually own a piece of Tokyo real estate. Then, I discovered the world of Akiya . If you’ve been tracking global real estate prices lately, you know that buying a home in major Western cities feels almost impossible. So, when I found out that foreigners could legally buy property in Japan, I started digging. What I discovered blew my mind—and ultimately led me to buy my very own abandoned house right here in Tokyo. Here is why I made the leap. The Shocking Reality: 9 Million Vacant Homes Japan is currently facing a unique demographic shift. Due to a low birth rate and a declining population, the country is filled with Akiyas —abandoned or vacant...