Nancy Pelosi makes $174,000 a year as a congresswoman and is worth an estimated $270 million. Her stock trades consistently outperform Wall Street hedge funds. She says her husband handles all the investments independently. Sure he does
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Japan’s ghost home crisis: nearly 10 million akiya left empty as villages fade away
Japan is confronting one of the most unusual housing crises in the developed world, with an estimated nearly 10 million abandoned homes, known as akiya, scattered across the country as population decline accelerates and rural communities slowly empty out.
The crisis is being driven primarily by Japan’s rapidly aging society and persistently low birth rate, which has fallen to around 1.2 children per woman. As older homeowners pass away, many properties are left without heirs willing or able to maintain them. At the same time, younger generations continue moving toward major urban centers such as Tokyo, Osaka, and Yokohama in search of employment and modern opportunities, leaving behind shrinking rural towns where essential services are increasingly disappearing.
Inheritance and maintenance costs are also contributing to the problem. Many older homes require expensive repairs, while property taxes and cultural reluctance to live in homes associated with death or long vacancy further discourage reuse.
As a result, entire neighbourhoods in some regions now consist of rows of empty, deteriorating houses, with schools and shops shutting down as populations decline.
According to official estimates, around one in every seven homes in Japan is currently vacant, and more than 9 million akiya were recorded in 2023, with projections suggesting the situation could worsen significantly in the coming decades. Some forecasts indicate that by 2038, as many as one in three homes could be empty if demographic trends continue.
In response, local governments across Japan have begun experimenting with aggressive revival policies, including offering abandoned houses for free or for symbolic prices as low as around $700, provided buyers commit to renovating and occupying them. Despite these efforts, reversing decades of demographic decline remains a major challenge.
Analysts warn that unless birth rates stabilize or immigration patterns change significantly, parts of rural Japan risk becoming permanently depopulated, reshaping the country’s social and economic landscape.
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Japan is confronting one of the most unusual housing crises in the developed world, with an estimated nearly 10 million abandoned homes, known as akiya, scattered across the country as population decline accelerates and rural communities slowly empty out.
The crisis is being driven primarily by Japan’s rapidly aging society and persistently low birth rate, which has fallen to around 1.2 children per woman. As older homeowners pass away, many properties are left without heirs willing or able to maintain them. At the same time, younger generations continue moving toward major urban centers such as Tokyo, Osaka, and Yokohama in search of employment and modern opportunities, leaving behind shrinking rural towns where essential services are increasingly disappearing.
Inheritance and maintenance costs are also contributing to the problem. Many older homes require expensive repairs, while property taxes and cultural reluctance to live in homes associated with death or long vacancy further discourage reuse.
As a result, entire neighbourhoods in some regions now consist of rows of empty, deteriorating houses, with schools and shops shutting down as populations decline.
According to official estimates, around one in every seven homes in Japan is currently vacant, and more than 9 million akiya were recorded in 2023, with projections suggesting the situation could worsen significantly in the coming decades. Some forecasts indicate that by 2038, as many as one in three homes could be empty if demographic trends continue.
In response, local governments across Japan have begun experimenting with aggressive revival policies, including offering abandoned houses for free or for symbolic prices as low as around $700, provided buyers commit to renovating and occupying them. Despite these efforts, reversing decades of demographic decline remains a major challenge.
Analysts warn that unless birth rates stabilize or immigration patterns change significantly, parts of rural Japan risk becoming permanently depopulated, reshaping the country’s social and economic landscape.
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Chickens prefer the same faces that humans consider attractive.
It seems hard to think that they do so due to social construct.
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It seems hard to think that they do so due to social construct.
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Honestly, nothing has made me more excited for the Enhanced Games—and a little bit scared—than this picture of an absolutely roided-to-the-gills swimmer who could probably kill a great white shark with his bare hands mid-race and still set a record
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Just sent everything to 0 and be done with this sh&t once and for all.
Can't take this pain everyday.
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Can't take this pain everyday.
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Turkish concerts are a heaven for the performers … cigarettes and fire are provided during the show …
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REASONS BEHIND THE CRYPTO MARKET DUMP
1. Renewed attacks on Iran
CBS News reported the US could strike Iran again.
New strikes would spike oil prices, which makes inflation worse. And higher inflation could push the Fed toward rate hikes instead of cuts. Bad for crypto.
2. Clarity Act odds falling
In just 2 weeks, the odds of the Crypto Market Structure Bill being signed into law dropped from 75% to 50%.
Yesterday it was reported the SEC delayed plans to allow tokenized stock trading on the blockchain.
The pushback against crypto has started. Short-term bearish.
3. Bond market stress
Japanese bond yields are hitting new highs and US yields are surging.
High yields make borrowing harder, which hurts risk-on assets like crypto.
What happens next?
$BTC has dropped below $75,000.
If strikes happen this weekend, $BTC could fall toward the $72,000-$72,500 support zone.
If no strikes happen, we could see a strong reversal next week.
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1. Renewed attacks on Iran
CBS News reported the US could strike Iran again.
New strikes would spike oil prices, which makes inflation worse. And higher inflation could push the Fed toward rate hikes instead of cuts. Bad for crypto.
2. Clarity Act odds falling
In just 2 weeks, the odds of the Crypto Market Structure Bill being signed into law dropped from 75% to 50%.
Yesterday it was reported the SEC delayed plans to allow tokenized stock trading on the blockchain.
The pushback against crypto has started. Short-term bearish.
3. Bond market stress
Japanese bond yields are hitting new highs and US yields are surging.
High yields make borrowing harder, which hurts risk-on assets like crypto.
What happens next?
$BTC has dropped below $75,000.
If strikes happen this weekend, $BTC could fall toward the $72,000-$72,500 support zone.
If no strikes happen, we could see a strong reversal next week.
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