The future of Airbnb in Japan: Cloudy, with a strong chance of bureaucracy
The homesharing law that looked set to level the playing field seems to be closing it off instead, and Japan Airbnb renters are growing increasingly concerned about their investments.
On Dec. 18, the Supreme Court’s petit bench ruled against a man from Fukuoka Prefecture who was suing the management association (kanri kumiai) of his condominium for firing him as its president of the board (rijicho) because the regulations of the association contained no stipulations for dismissal.
Japan’s economy contracted at an annualized pace of 1.4% in the October-December quarter, compared with a consensus estimate of a 1.2% decline. Here are five takeaways from the data released Monday.
