While many countries are struggling with housing shortages, Japan faces the opposite problem: too many houses. This phenomenon is known as akiya.
Literally, akiya refers to vacant houses that have been abandoned by their owners, often left unoccupied for years. Most akiya can be found in rural areas, though some also pop up in small towns. The best part? These houses are often sold at super cheap prices—some are even free!
Why Are There So Many Akiya in Japan?
A shrinking population caused by an aging society and urban migration is the main reason behind the rise of akiya. Additionally, many Japanese people prefer buying new homes rather than renovating old ones, as it’s often seen as a more cost-effective option.
Not All Akiya Are the Same
Akiya comes in different forms—ranging from traditional kominka houses rich in culture, to modern homes that, only gods know why, were left behind by their owners.
According to The Guardian, Japan’s Ministry of Internal Affairs reported that the number of akiya has reached 9 million, or 14% of the country’s housing stock. To put that into perspective, that’s enough homes to house the entire population of Australia—assuming three people per household.
Thinking of Buying an Akiya? Don’t Forget Adaremit
With prices this low, it’s no wonder some people start thinking: “Why not buy an akiya?”
If you’re seriously considering it, don’t forget the important part: cross-border transactions. With Adaremit, sending money for down payments, renovations, or other costs is fast, secure, and affordable. That way, the only thing you need to worry about is designing your dream home—not the hassle of transferring money