Japan’s stiffer home-sharing controls have dampened Japanese home sales among Hong Kong buyers who are increasingly investing in the country’s properties to operate shared lodging services.
The new rules have also forced the world’s largest home-sharing app Airbnb to cancel thousands of bookings in the country, and pulled many more operators off their platform.
“Basically, we now tell our customers not to think about buying a flat to run a home-share in Japan. Long-term…
Source : South China Morning Post
Read more…Hong Kong buyers’ interest in Japanese property hit as Japan tightens home-share rules