Want to Live in an Abandoned House in Japan? Here’s Why it’s Not Really ‘Free’

You may have seen some viral headlines over the years about “free” or cheap abandoned properties available in Japan. Everyone from CNBC to CNN has talked about it. While Japan’s government is trying to entice new residents with cheap or even free property, it’s not as simple as walking up to an abandoned home and claiming it for yourself. Realistically speaking, these homes aren’t 100 percent free. They require renovation, investment and come with strict terms and conditions to make the home livable—the kind of terms and conditions that should make any potential buyer reconsider before putting...