Chinese President Xi Jinping's economic policies are helping to lift property values in Japan, especially in the Niseko area of Hokkaido, left, and in Osaka's Dotonbori entertainment district. (Nikkei montage/Source photos by Ken Kobayashi, Yusuke Hinata, and Yo Inoue)

Analysis: China's property market woes prompt buying spree in Japan

Buyers snap up properties they can renovate and rent out to travelers

KATSUJI NAKAZAWA, Nikkei senior staff writer

October 19, 2023 04:00 JST

Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.