Onigiri

Bite-size Japan real estate

Big market, small bites — Japan's property market decoded from real transaction data, minus the spreadsheet.

Get each issue in your inbox

Free. No spam. Unsubscribe anytime.

No. 14 · September 13, 2026

Inheritance tax follows the property, not the passport

Your heirs inherit a Japanese tax bill with the condo — and Tokyo just moved to make homes easier to build.

No. 13 · September 7, 2026

Why banks won't touch that ¥5M house

Japan's cheap old homes have a financing wall — and closing day still runs on a stamp.

No. 12 · August 31, 2026

The insurance gap under every Japanese roof

Your fire policy ignores earthquakes — and the tax office is watching your calendar.

No. 11 · August 25, 2026

Japan's courts are quietly selling property

Court auctions are the market's hidden aisle — cheap, real, and strictly as-is.

No. 10 · August 17, 2026

Japan's empty home tax squeeze begins

New rules make it pricier to let grandma's house sit empty.

No. 9 · August 10, 2026

Japan's zoning: where bakeries meet bedrooms

Japanese zoning laws keep neighborhoods lively.

No. 8 · August 5, 2026

Japan's property tax secret sauce

How Japan keeps property taxes surprisingly low.

No. 7 · July 29, 2026

The 1981 Building Line: Japan's Seismic Shift

A pivotal date that changes real estate fortunes.

No. 6 · July 20, 2026

Foreigners: Japan Welcomes Your Property Dreams

No residency or citizenship needed to own in Japan.

No. 5 · July 8, 2026

Tokyo is in a league of its own

Japan's big cities, head to head — and the capital costs 4.3× the cheapest.

No. 4 · June 29, 2026

Tokyo is 23 different cities

Inside the capital, the priciest ward costs 3.3× the cheapest — and they're all "Tokyo."

No. 3 · June 26, 2026

It's the dirt that matters

In Japanese property the building is a melting ice cube — the land is the whole story.

No. 2 · June 19, 2026

Tokyo lost the condo race

Japan's property map redrew itself in six years — and the capital wasn't the winner you'd expect.

No. 1 · June 14, 2026

Tokyo nearly doubled, the countryside's on sale

Three things Japan's property market did that don't fit on a postcard.