Burial Space Scarcity Turns Cemetery Plots Into High ROI Real Estate Assets

Burial Space Scarcity Turns Cemetery Plots Into High ROI Real Estate Assets

There is a rarely discussed real estate shortage that has cropped up in cities around the world. Since the 1970s, Japan, Hong Kong, and South Korea all have steered the majority of their funeral services towards cremation, due to concerns over lack of adequate burial space. Korea actually has a 60-year rule requiring exhumation and removal, which has boosted cremation as the default choice. In Hong Kong, space is so precious that exhumations are…