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The rising cost of property maintenance in Japan is a new worry for many elderly homeowners.
Datawatch

Japan's elderly homeowners grapple with inflation and prejudice

Home repair costs rise 20% due to labor shortages and higher materials prices

DAISUKE HORI, Nikkei staff writer | Japan

TOKYO -- Many elderly Japanese face an uphill battle to keep their home as the costs of repairing and maintaining property continue to rise amid chronic labor shortages and higher materials prices.

More than 90% of those in their 60s and older who head families of two or more owned homes as of 2021, according to a survey by the Ministry of Internal Affairs and Communications. But many seniors find it hard to finance the growing cost of home maintenance.

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