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Home Ownership
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2014/2/17 03:03
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Hi All,
I have just watched a programme on NHK/Jib called March to Recovery: Moving On: The Closure of the Last Evacuation Shelter.
Does anyone know what happens to the ownership of the property that is left behind by those who have had to moved to different ares in Japan to live? Does the state buy the property at a knock down price?
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by Yahatacookie 1
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Re: Home Ownership
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2014/2/17 14:39
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The ownership of the property still remain to the original owner.
Japanese Government and Tokyo Electric Power Company may or may not announce that they might purchase the ownership of the evacuated area. But there are controversies ahead of this matter(who would pay for that? Japan Govt? Tokyo electric power co? taxpayer? If the owner declined the offer what will happen then? How much the land value? Who would take the responsibility of the process? etc)
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by tokyo friend 48
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Re: Home Ownership
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2014/2/18 02:15
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Thank you tokyo friend 48 Ucco,
I will ask my wife to read the two links for me later today.It was very sad to see that the residents of Fubata having to give up their homes!
TTFN, Yahatacookie
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by Yahatacookie 1
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