Rural depopulation: the future of real estate in Japan

Many of Japan’s rural towns and villages are threatened with disappearance due to a rapidly aging and declining population. The overconcentration of economic activities in Tokyo and the migration of people to bigger cities have caused a rural urban divide. One of the most prevalent issues accompanying these trends is the rising stock of vacant and abandoned homes across the country.
This report analyzes the issues of depopulation in Japan, examining the government’s efforts to counteract the issue and revitalize rural regions and empty properties. In addition, the report explores the impact of the changes that occurred during the COVID-19 pandemic.