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Okinawa Has the Highest Rental Rate in Japan at 50%, and the Lowest Homeownership Rate at 42%, According to a 2023 Survey by Ryugin Research Institute, Reflecting Trends Related to Rising Land Prices and Inflation.
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On the 25th, Ryugin Research Institute (President: Takashi Tokuchi) released a survey report on the supply and demand trends and future demand projections for rental housing in the prefecture. The report revealed that in 2023, the rental housing rate (including private and public housing) as a percentage of residential housing would be 50.7%, the highest in the country, while the homeownership rate would be 42.6%, the lowest.
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