Japan's Top 5 HOTTEST Housing Markets in 2023

[@okay2409]

Thank you for your in depth explanation of Japanese real estate, laws and considerations. Your time and attention to detail is very much appreciated🙏🏼

[@shumatsuopost]

Thanks for watching! I appreciate your support.

[@okay2409]

@@shumatsuopost You are very welcome. Thank you again for your time. I have always appreciated Japanese culture and wondered how it would be to live there...now l have a starting point.🙏🏼🙏🏼🙏🏼

[@wendyon4517]

I teach a real estate agent whose client just last week asked him to travel from Kagoshima to Nagoya to look for an apartment building to buy. He does that sort of travel often enough. It's definitely worth it for him. I'd say Fukuoka is spot on as well. Not much to do as a visitor compared to other cities but definitely a great place to live. Convenient but doesn't have the endless suburbs that Osaka does. The most rural, casual feel big city in Japan IMO.

[@fabiozwei]

Man, as much as other cities/prefectures can be an option, i really cant deny i prefer and love to experience living in Tokyo. The charm of the city attracts me every time.

[@shumatsuopost]

Good for you! I think Tokyo is an exciting city for the right people. 🙌🏼

[@shumatsuopost]

FREE GUIDE: How to Buy an Akiya as a Foreigner: stan.store/shumatsuopost What other markets in Japan would you invest in and why? Apply for Exclusive Japan REI Coaching Program: forms.gle/qHVJ4e7ChajGFNAQ6

[@leviath0n]

Here's a great hack for selecting a property in cities that has the potential to retain and even increase its value. Look for areas with a high concentration of older housing that doesn't comply with current setback regulations. Setbacks refer to the regulated distances between houses mandated by road laws. The standard setback nowadays is around 4 meters between each house. However, older houses may have setbacks of less than 2 meters. When houses are rebuilt, one of them *may* be allowed to ignore the setback while the other will have to adhere to it. This means that you can acquire a house at a lower price (due to the shorter distance between houses), and once the opposing house is rebuilt with the 4-meter setback, the value of your house is likely to increase significantly. I did this accidentally. The first house to be built is less desirable so you may also get extras to incentivize people to purchase, e.g. extra large floor space, wide balconies, roof balcony, etc. You can also probably negotiate easily. I got a very cheap price on a house and after two years the surrounding houses were redone and the value of my house increased instantly by 10% or more. (plus generally Tokyo land prices increasing). Not that I want to sell, but it's nice to have the option just in case. Be mindful of all the fees to buy a new house should you sell your old one. If you house only increases by 2-3 million yen, probably not worth selling as it will cost you that much to purchase a replacement house. Also I don't know how easily it is to transfer home loans, if you can do it at all.

[@shumatsuopost]

Someone knows what they're talking about :) That's actually what we recommend to our clients as well. Thanks for sharing!

[@christiancarney3554]

Fukuoka is actually incredible. I’ve been travelling Japan for 15 years until recently visiting Fukuoka. By far my new favourite place to stay. A lot of tech startups are also moving in. Great mix of city and beach life 👍🏼

[@shumatsuopost]

That’s awesome to hear. I love Kyushu so I think Fukuoka would be a great base as well.

[@ricardow7224]

Itoshima is a lovely beach area with great artisan culture 40 mins outside Fukuoka. Population increasing which is rare in Japan.

[@shumatsuopost]

That’s good to know. Thanks for sharing!

[@shumatsuopost]

That’s awesome. I love Kyushu so Fukuoka would make sense as a base, too :)

[@exponentzero]

I love Fukuoka...actually that goes for Kyushu as a whole. Beautiful landscapes. Great info in this video, well done!

[@shumatsuopost]

Thanks! Kyushu is probably my favorite island in Japan 😊

[@mjmikaelson]

Wow, this I all great information. Thank you for sharing. 🙇

[@shumatsuopost]

Thanks for watching!

[@IkePaz]

ive been in fukuoka for about 6 years now, love it. I'm looking to buy a second property but the prices have rocketed.

[@shumatsuopost]

That’s great to hear you love Fukuoka. Have you thought about other parts or Kyushu to invest?

[@splitdecision8040]

Very intelligent video. Fukuoka is my favorite city in Japan. Hakata, Tenjin, Itoshima, Daizaifu….Such a beautiful place

[@shumatsuopost]

Thanks! Yes, Fukuoka is a great city :)

[@DKwan-zu4ng]

Hi Shu, Thank you for your very informative videos. I just spent 3 weeks visiting Japan this April (Tokyo, Osaka, Atami, Yokohama), I have already bought plane tickets to visit Fukuoka and Osaka next April. I am interested in the Fukuoka and Yokohama market. Can you help? Thanks.

[@shumatsuopost]

Sounds great! You can fill out one of these forms so I can help you: Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9 Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7

[@obstinatejack]

i'm interested in hearing more about sapporo and hokkaido in general though, like how laurent bases his portfolio there

[@Leonard2542]

Da-Saitama ❤

[@Neil.Denize]

Great video Shu san, have you looked into any ski towns for investing for example Hakuba, Myoko, Nozawa onsen at all?

[@shumatsuopost]

Not for those areas as they are very popular - I've looked into Hokkaido and Niigata.

[@Big-Wonka]

Yeah that's my goal. Live on the outskirts of Tokyo just for convenience, but buy a few cheap houses and turn them into Airbnb's. I just dont know what things need to be done to make it legal. Like exit signs and fire extinguishers.

[@exponentzero]

I thought the government outlawed most Airbnb rentals a few years ago? Are they okay again?

[@Big-Wonka]

@@exponentzero I stayed in 3 separate Airbnb's about a month ago. They're everywhere

[@exponentzero]

@@Big-Wonka That's great! Thanks for telling me. I spent a couple of months going all over before the Olympics (before the postponement that is) and used airbnb everywhere. Couldn't have afforded the trip otherwise. But after I left I heard the hotel industry was lobbying the government hard to get it banned. And airbnb was unpopular with owners of neighbouring flats. But I'm glad to learn it's still going strong.

[@trailrunningexperience496]

Fukuoka… little over an hour from my old home town Yufu-Shi.

[@shumatsuopost]

Awesome. Did you enjoy living there?

[@trailrunningexperience496]

@@shumatsuopost hai mochiron - a trail running heaven.

[@JaimeTan-t5s]

Do you have akiya house in kanagawa ken? I’m still in CA , USA. I’m planning to buy in that area if there’s any available. Hope you respond to my request. Thanks for your time and hear to you soon.

[@shumatsuopost]

Yes there are, if you are not picky with where in Kanagawa. Where did you send your request? Could you apply here?

[@shumatsuopost]

docs.google.com/forms/u/1/d/e/1FAIpQLSfG-LYvYpmELNmVokLjCUgTjxujyVVk0aQ01snddPM3YjbxTQ/viewform?usp=send_form

[@JaimeTan-t5s]

Thank you so much to your respond. I have a lot of questions and I fill up the form that you send me. Can I buy a house even though it’s not on akiya house listing? Is there any house for sale in kanagawa ken area. I don’t need big house area. I and my husband only,no kids only 2 dog.

[@JaimeTan-t5s]

Kanagawa ken Yokosuka is place I want. Thank. I just want this specific area.

[@TraditionalJapaneseHouse]

We lived in Japan for 5 years and loved it.

[@mrm1712]

Surprising that many people in comments of your videos are not bothered by a country's declining population/low birthrate. I have been telling my friends about the declining birthrates of western countries and Japan but they also don't seem too bothered by it. Canada used to be like Japan and still is. ( I grew up here). Even though Canada is taking in 300-500k immigrants yearly, it's population barely grows because birthrate is low (it will increase due to mass immigration from Asian countries recently). I feel for my Japanese brothers & sisters. Is extinction really a better path than culture mixing? I don't really care about the racial politics/drama. You don't need to increase immigration but this is a serious issue that requires the whole country to unite together. I'm learning Japanese and want to travel to Japan. Maybe I will buy a property there but the visa/residency wait is a big hurdle. My dad traveled to Malaysia to inquire about "Malaysia as a 2nd home" , you need substantial capital to get residency in Malaysia or Singapore. Maybe Japan can introduce such a law. but I myself am against a law like that. Because now in Canada, the quality of immigrants is going down. Just because you have money , doesn't mean you have good character. Lots of people coming to Canada with money , getting easy immigration but they are like criminals. Japanese need to repopulate on their own. it's not too late yet but if this goes on for 10-20 more years, they will have no choice but to open borders or go extinct. Sure their population by 2050/2060 still might be 70 or 80 million but what percentage of that will be above 50-60? Probably 50%.

[@shumatsuopost]

100% agree. Actually, I'm quite bothered by the rapidly declining birthrate and shrinking population. I've been pretty vocal about it. I do think there are certain markets in Japan that will be fine with the population decrease. Japanese government is trying to do a lot to prevent the birthrate from further falling but the initiatives aren't working. The culture must change in order for people to want to have babies.

[@jazzyprince7133]

I'm about to buy a small apartment block in Japan.We are looking at Kanagawa area , budget Yen 45,000,000 ....giving between a 7 to 9 percent return ...appreciate your thoughts?

[@shumatsuopost]

Sounds like a solid deal to me. Where in Kanagawa is it?

[@jazzyprince7133]

@@shumatsuopost haven't found it yet, been researching a few in that area, yet to decide on one.That's the plan anyhow

[@armorbearer9702]

Is there any preferences old single people in Japan have over the younger generation when they choose a property to rent?

[@shumatsuopost]

This is my opinion but I think it’s convenience. I hear that a lot of older people sell their home after their kids leave their house and move closer to a city. So I guess what they look for is pretty much the same.

[@jinpingthebear110]

If we all buy houses we can all be millionaires!

[@shumatsuopost]

Yes, possibly :) Keep in mind, most properties in Japan do NOT appreciate in value

[@wendyon4517]

Canada had a population of 30 million in 2000 and 39 million in 2022. It's definitely not barely growing. Immigration definitely helped but Japan the Japanese government would rather let the population plummet than allow immigrants to become citizens. The government should have put measures in place 30 years ago to help younger families and at least keep the population steady. Instead they catered to older voters who thought more of tgeir own lives after retirement.

[@donaldmacdonald4901]

Nagoya is very convenient but pretty boring to live in.

[@shumatsuopost]

Do you think Nagoya is a good place to live for a family?

[@donaldmacdonald4901]

@@shumatsuopost Yes I think it’s a good well organized city. Plenty of cycle lanes. Most shopping can be done quite centrally and tbh it’s not that for from many interesting places. Good local economy so probably easier to get a well paid job too. I just prefer Kyoto or Tokyo.

[@shumatsuopost]

Makes sense. Thanks for sharing your insight!

[@noelhaynes119]

Well i am in yachimata chiba préfecture very healthy not expansive and you have a hight qualité of life bio food penuts and its takes 20€ to go and come back from Tokyo 1heur 😊😊

[@shumatsuopost]

That’s awesome. I think Chiba would be in my Top 10 for sure 👍🏽