The government is requesting that residents from the evacuation zones near the Fukushima Daiichi Nuclear Power Plant refrain from any real estate transactions within the area until evacuation orders are lifted. The warning is to avoid any potential trouble arising after Tepco pays compensation to landowners and to ensure a smooth reorganization of the zones….
Posts Tagged “Fukushima real estate”
The town of Futaba, which fell within the exclusion zone around the Fukushima nuclear plant, is demanding 19.2 billion Yen (234 million USD) in compensation from TEPCO for the loss of use of the town’s real estate. The town is claiming damages for loss of use to town-owned land, government buildings and schools. There are…
According to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), the new housing starts for the 6 prefectures in Tohoku had increased by 18.5% to 4523 units in August, compared to the same month in 2010. This is the second continuous month of increases.
Fukushima Prefecture’s Real Estate Appraisal Association announced the results of their survey on the real estate market for Fukushima following the March 11 earthquake, tsunami and nuclear disaster.