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[Sad news] Chinese people use the Japanese real estate purchasing app "Shenjubyosan" to meet the investment needs of the wealthy. Niseko and Okinawa are also sold without the need to visit.

According to Visit Japan Lab...

Before the COVID-2020 pandemic of XNUMX, Chinese people were a common sight at major tourist destinations in Japan. Their voracious desire to buy was referred to as "explosive buying" and made headlines in the media.

Furthermore, in response to Japan's popularity as a tourist destination, it appears that some Chinese people are not only interested in sightseeing but are also getting involved in acquiring land and real estate properties.

In China, you can buy a variety of things through smartphone e-commerce apps, and it has been reported that Japanese real estate can also be purchased through apps.

This time,"Shenjumiaosan" sells Japanese real estate to Chinese people in ChinaWe will introduce these examples and consider the strong desire of Chinese people to purchase land in Japan.

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Shenju Bianqun, the Chinese app for buying Japanese real estate

Shenjumiaosan was founded in 2016 by He Shumian, a Chinese national and former executive officer of Rakuten, and released its service the following year.

The company currently has partnerships with around 30 real estate sales and brokerage companies, and apparently has the largest number of Japanese properties listed of any service operating in China.

The service is divided into two menus: "Room Search" and "Investment."

The properties available in the app are:``Kongjibogen (apartment)'' ``Ikkoken/Bessho (single-family house/villa)'' ``Large property (building)'' ``Seishin Minshuku (luxury private lodging)'' ``Shinbo direct sale (new construction sales)'' ``Seibang (rental)''There are 6 types.

The locations are spread across 12 prefectures, including Tokyo, Yokohama, Kyoto, Osaka, Hokkaido, and Okinawa, and there are more than 1 properties listed (as of June 2020, 6).

A 1 square meter plot of land is up for sale, advertised as an investment property.

In the app, select a prefecture and browse property listings. You can also filter your search results by property type.

When you search for "Hokkaido",Niseko Town, Kutchan Town, and Rusutsu Village in Abuta County,AlsoChuo-ku, Sapporoof land is listed as investment land.

The "Soga investment land in Niseko-cho, Abuta-gun, Hokkaido" shown at the top is large.1.1 square metersIt is on sale for 1523.2 yuan (approximately 2.3 million yen).

[See source for full text...]

The following is from X (formerly Twitter)

By

引用元 

Everyone's comments

  • I have strong doubts about whether we should allow the current situation in Japan, where real estate is being bought up by foreigners in increasing numbers. This is not just investment, it is a serious problem in which Japanese land is being encroached upon by foreign capital.
  • Being able to purchase property without needing to visit may be convenient, but what impact will it have on the local community, and who will be held responsible?
  • I think that real estate has become an investment target for foreigners, creating a situation where Japanese people are no longer able to live on their own land.
  • I think the government needs to give more serious thought to the reality that real estate that is steeped in local culture and traditions is being bought up one after another by foreigners for investment purposes.
  • I feel that with the spread of these types of apps, there is a danger that Japan's real estate market will be completely taken over by foreign capital.
  • The government needs to impose stricter regulations to protect the lives of local residents. If we leave the issue unchecked, Japanese people may no longer be able to live in our own country.
  • We cannot stand by and watch as real estate becomes merely a tool in a money game and local communities decline.
  • I think it's a problem that tourist destinations like Niseko and Okinawa are being targeted by foreign investors, which means local people can no longer afford expensive land.
  • Unless the government takes appropriate action to address this issue, Japan's real estate market will continue to be dominated by foreigners.
  • We must avoid a situation in which the livelihoods of local people are threatened and community ties are lost.
  • I believe this problem will become even more serious unless Japanese people themselves develop a sense of responsibility to protect their own land.
  • I believe that the current situation in which real estate is being bought up one after another by foreigners is an issue that will affect Japan's sovereignty.
  • Seeing how Japanese land is being exploited for the benefit of foreign investors makes me worry about Japan's future.
  • As this situation progresses, I wonder whether the environment in which local residents can live in peace will be maintained.
  • As local communities decline, it feels like Japan as a whole is losing its vitality.
  • I think the system that allows you to purchase a property without visiting it is disrupting Japan's real estate market.
  • If things continue as they are, there is a concern that the amount of land owned by foreigners in Japan will continue to increase, causing land prices to rise even further.
  • A mechanism is needed to ensure transparency in real estate transactions so that local people can continue to live their lives with peace of mind.
  • We need to sound the alarm about the current situation in which convenient apps are becoming an easy way to sell land in Japan.
  • I don't think this problem will be solved unless Japanese people speak out to protect their land.

Editor A's opinion

Recently, there has been talk that wealthy Chinese are accelerating their investment in real estate in Japan. One app that has been attracting attention is "Shenjumyosan." By using this app, you can easily complete a sale without visiting the property in Japan. Resort areas such as Niseko in Hokkaido and Okinawa are no exception, and there is something unsettling about the current situation where they are being purchased one after another.

The first thing that came to my mind was the reality that with the emergence of these apps, real estate in Japan is increasingly being passed on to foreign investors. Real estate is deeply rooted in the culture and history of a place, and in the lives of the people who live there. That's why I feel a sense of crisis that as this trend progresses, Japanese people will lose places they want to live in.

I also have doubts about the system whereby a sale can be concluded without a visit. For us Japanese, it seems a little hard to believe that someone could buy a property without actually visiting it to check it out. However, I think the reason this is possible is that real estate is treated as a mere investment product among the wealthy. If such transactions increase, there is a risk that the Japanese real estate market will become a mere stage for money games, and the value of local areas and the lives of their residents will be disregarded.

Another problem is the possibility that the transfer of real estate ownership to foreigners could weaken ties in local communities. In many areas of Japan, mutual support and bonds between local people are highly valued, and there are concerns that these traditional values ​​may be lost as real estate purchased for investment purposes increases.

It is also conceivable that as tourist destinations such as Niseko and Okinawa become targets of investment, Japanese people will no longer be able to purchase these properties at the proper price. It is very sad that people who have lived in the area for a long time will find it difficult to continue living in their own area. This phenomenon is one of the negative aspects of foreign capital's impact on local economies.

Attention is focused on how the government will respond to this trend. Up until now, Japan has shown a relatively tolerant attitude toward real estate purchases by foreigners. However, with mass purchases through apps accelerating, as in this case, I feel that appropriate regulations and measures are needed. At the very least, a system should be put in place to protect the interests and livelihoods of local residents.

I also think that Japanese people themselves need to change their way of thinking about these issues. Real estate is not just a product, it reflects the soul of the region. Rather than allowing the current situation to continue, where it is being snatched away by foreign investors, I think it is time for local communities to seriously consider how to protect it.

I don't deny that the "Shinjubyosan" app is convenient, but we must not overlook the risks that lie behind its convenience. We must avoid a situation in which Japan's real estate market loses control in exchange for convenience. In particular, I feel that in order to maintain an environment in which local residents can live in peace, we need to have a deeper discussion on this issue on a national level.

Seeing this current situation makes me think again about how Japan's real estate market should be protected. It is important not only to strengthen regulations, but also to raise awareness among local residents to protect their towns. To do this, I strongly believe that it is necessary for the entire nation to take an interest in this issue.

What can we Japanese people do to protect our land? I think this is an issue that each and every one of us should think about. In particular, it is important that we not only take measures and regulate the real estate market, but also that we ourselves have the awareness to "protect Japan."

Written by: Editorial Department A

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