Various challenges and changes are currently surrounding the real estate industry in Japan. A few of the problems that this industry is facing include the polarization of real estate prices due to the decline in the country’s population affecting demand, the threat of natural disasters, and a shortage of suitably skilled human resources. This industry sector is continuously improving to tackle these problems by providing services in cooperation with other industries, utilizing IT and big data, and eliminating information asymmetry between the real estate agents and their customers. This industry covers a broad scope of activities that have a significant impact on both other industry sectors and individuals. It is also, to a greater extent, responsible for society’s infrastructure.

The belief is that moving forward, there will be a growing interest in ensuring the effective use of real estate owned by companies rather than them just holding it. With regard to inbound demand, there is a conviction that the booming sales that occurred in the past have finally begun to settle down. However, we can still expect the popularity of Japan’s real estate to remain stable as prices are generally lower when compared with other global metropolitan locations. We can also look forward to the possibility of the expansion of this industry into rural areas.

Here at RSM Shiodome Partners, we are familiar with working with the real estate industry, and we are here to assist you in managing your business.

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