Residential rental listings offering no deposit are on the rise across greater Tokyo, but those offering no key or gift money are becoming less common at certain price points.

Why would landlords be reducing deposits but increasing gift money?

It’s a combination of both market forces and maximizing total rental income for a landlord.

This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,100 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,100 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.