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Economy

Japan's abandoned land to be size of Sri Lanka, costing country $52bn

Mass neglect of land is yet another side of the shrinking population

Workers prepare to dismantle an abandoned home. Many families forget to register the new owner when properties are passed down.   © Kyodo

TOKYO -- Around 11% of Japan's land is "unclaimed" -- plots that cannot be traced back to their owners. The figure is expected to jump to 19% by 2040, according to an expert study group.

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