JAPANESE AUTHORITIES SELLING HOUSES FOR $500

The Japanese authorities have put up 8 million homes at a price of $ 500 for sale in rural areas of the country. Some of the houses are given away for free.

Thus, the country's authorities are trying to attract the population to rural areas. In addition to extremely low prices for the property itself, those who wish are promised to be provided with subsidies for reconstructions.

There are 8.49 million abandoned houses in Japan.

Most of the properties are located in the regions of Kagoshima, Wakayama, Kochi and Tokushima, where the number of abandoned households is estimated at 18% of the total number of buildings. This usually happens when the owners move or die. New tenants are not appearing as the country's population is rapidly declining

According to statistics, since 2013, the number of abandoned houses has increased by 3.2%. It is worth noting that the regional Japanese authorities have previously sold such real estate objects for almost nothing.

The socio-economic plans of the Japanese government are to revitalize the rural areas.

The Prime Minister Yoshihide Sugi considers it an important part of his policy to develop agricultural reforms and tourism. The authorities also fear that the empty houses will be used by criminals or simply ruin the appearance of the villages.