Japan's Finance Minister Katayama Satsuki revealed that the Japanese government will revise an administrative regulation to tighten the relevant regulations on foreigners' home purchase reports. Katayama Satsuki said that regardless of whether the purpose of buying a house is investment or self-occupation, foreigners are required to make a report when purchasing a property in Japan. Note: Currently, foreigners are required to report the location and price of a property when using it for investment purposes. If approved by public comment, the revised administrative regulations will take effect in April. A large number of foreigners own property in Japan but do not live there. Katayama Satsuki also said that there is no disagreement between the Bank of Japan and the government regarding economic assessments.

Japan's Finance Minister Katayama Satsuki revealed that the Japanese government will revise an administrative regulation to tighten the relevant regulations on foreigners' home purchase reports. Katayama Satsuki said that regardless of whether the purpose of buying a house is investment or self-occupation, foreigners are required to make a report when purchasing a property in Japan. Note: Currently, foreigners are required to report the location and price of a property when using it for investment purposes. If approved by public comment, the revised administrative regulations will take effect in April. A large number of foreigners own property in Japan but do not live there. Katayama Satsuki also said that there is no disagreement between the Bank of Japan and the government regarding economic assessments.