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We Bought a Tokyo Apartment and I'm Done With Real Estate

For the past three years I've been actively searching for an apartment in Tokyo for my friends and I to buy. It was by far the most difficult city in which to find a suitable apartment, and even up until I got the notification a few minutes ago, I wasn't entirely sure that it would happen.

One of the biggest challenges in Tokyo is that you must buy a vacant apartment. An apartment that is occupied may take years to vacate, as apparently renters are entitled to renew their leases with no price increase. If you want them to leave or even to increase their rent, they must agree to it.

Location in Tokyo is not as simple as finding the center of the city and trying to get as close as possible. The ideal situation is to get an apartment that is a short walking distance away from a station that hosts lines that provide good coverage.

Last, most apartments in our price range (around $100k US) were not only small but only really had one room. I felt strongly that we would want to have two rooms so that two groups or individuals could each have a little privacy.

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