Is it True that Foreigners are Buying Condos? PropTech TRUSTART Analyzes Concentrations and Realities of Corporate and Overseas-Address Owners from Registry Data
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TRUSTART, a real estate big data company, has released a report analyzing the ownership of condominiums by corporations and individuals with overseas addresses based on real estate registration records. The findings highlight a significant concentration of foreign owners in major cities and a high ratio of corporate ownership on the upper floors of Tokyo's luxury high-rise buildings.