Japan's Forsaken Homes Restored to Old Styles
Nov. 20 (Bloomberg) -- Real estate developers and entrepreneurs have been rediscovering the value of Japan's ancient homes, whose restorations are delivering investment returns of as high as 80 percent.
The so-called machiya also are providing a source of tourism revenue to Japan's shrinking villages as investors seek new ways to draw visitors. Bloomberg's Kathleen Chu reports. (Source: Bloomberg)