Absentee

Absentee refers to property owners who do not reside in the properties they own, a common phenomenon in high-end condominiums in major Japanese cities like Tokyo and Osaka.

Why it’s in the news: It is in the news due to the prevalence of absentee owners in top-floor units of Tokyo and Osaka condos, highlighting a trend in the urban real estate market.

Latest on Absentee

• Absentee owners abound on top floors of Tokyo, Osaka condos

Connections

2 entities linked to Absentee across the news graph.