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Japan homes shrink to their smallest in 30 years

Summary by Nikkei
TOKYO -- Houses in Japan are getting smaller, with the average floor space falling to a 30-year low. Total area per house is about 92 square meters, a

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But the housing problem goes much further. Older people face difficulties in renting, even if they have financial means. Cases like a 88-year-old man in Tokyo, who, with more than 100 million yen in savings after planning to sell his apartment, experienced multiple rejections for not being able to provide an emergency contact under 70 years old, a common requirement among the owners. 66% of the owners expressed their reluctance to accept older t…

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Nikkei broke the news in Japan on Friday, January 3, 2025.
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