Society
Japan Selling Abandoned Homes to Foreigners for as Little as $5,000 to Combat Depopulation
Timcast IRL
WILDFIRE In Canada Causes Air Quality Panic, Democrat Blame Climate Change | Timcast IRL
"In Japan, they're now saying, okay, let's bring in foreigners, but instead of bringing in third-worlders like we are, they're trying to bring in us. Japan's like, hey, go find a bunch of like those white-collar Americans and have them move here."
Japan is opening its abandoned 'akiya' housing market to foreign investors, particularly targeting wealthy Americans, as the country faces severe depopulation and a demographic crisis. Homes are being sold for as low as $5,000 to $18,000, and the government is easing visa restrictions for foreign buyers. Pool argues this contrasts sharply with U.S. immigration policy, which he claims favors low-skill migrants over high-skill workers.
From this episode
Timcast IRL