ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more