• Millions of Japanese homes are abandoned, and owners are giving them away for free

    7 days ago - By Chron

    Carl Court/Getty Images
    Japan's rural and suburban communities are littered with unoccupied or deserted homes, which have little to no resale value.
    This surplus of abandoned real estate has caused many owners to start giving away homes for free on online databases.
    Some local governments are even offering subsidies for people to tear down the structures.
    There are many reasons why the homes are unoccupied, including the shrinking size of Japan's population and buyers' superstitions.
    Japan's home prices may be rising, but the city still has more than 8 million unoccupied properties - so...
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