Japan to hold off on restricting foreign condo purchases
Property
Tokyo will prioritize data collection for accurate picture of foreign ownership
Some government panel members have said there is little data supporting the necessity of restrictions on foreigners buying property. (Photo by Tomoki Mera)
TOKYO — The government and the ruling Liberal Democratic Party have decided not to include restrictions on real estate purchases by foreign nationals in a policy platform due out in the summer, opting to focus on collecting data on foreign property ownership to accurately assess the situation.
