Japan tackles abandoned house problem with renovation subsidies

Tax breaks for inherited homes extended to help prevent vacancies

20230614N vacant house

An abandoned rural house in Hiroshima prefecture in Japan's west is seen being demolished. (Photo courtesy of demolition company Crassone)

SHOHEI KONO, Nikkei staff writer

TOKYO -- Japan is moving to tackle its pervasive empty house problem with subsidies covering one third of renovation costs for vacant dwellings.

The Ministry of Land, Infrastructure, Transport and Tourism significantly revised measures in fiscal 2023 to support large-scale renovations by companies or non-profit organizations.

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