Canadian man buys $30,000 home in Japan due to high local prices

businessinsider.com

Justin Wong, 36, bought a house in Japan for $30,000 after finding Canadian home prices unaffordable. He plans to split his time between Canada and Japan, having purchased the property sight unseen through Akiya Mart, which helps foreigners buy abandoned homes. Wong's new home is in Nara Prefecture and features eight bedrooms and two kitchens. He aims to make minor renovations and is not viewing the purchase as an investment, but rather as a vacation home for personal use. In Canada, Wong noted that average home prices exceed $1 million, making homeownership unattainable. He hopes to spend extended periods in Japan, working remotely, and is interested in obtaining a tourist visa for longer stays.


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Canadian man buys $30,000 home in Japan due to high local prices | News Minimalist