What are the concerns when purchasing properties that cannot be rebuilt? [Survey Results Announcement]

Survey on concerns when purchasing properties that cannot be rebuilt

When buying or investing in real estate, many people may be wondering if it's okay to acquire a "property that cannot be rebuilt."

While properties that cannot be rebuilt can be purchased at a significantly lower price than the market average, offering great advantages to those looking to reduce initial investment or investors aiming for high yields, many are also troubled by critical limitations such as the inability to rebuild a new house once the existing building is demolished.

Therefore, Dream Planning Co., Ltd. (Naka-ku, Yokohama, Kanagawa Prefecture / Representative Director: Mikito Takahashi), which operates the real estate problem-solving website URUHOME, conducted a survey targeting individuals interested in real estate (valid responses: 289 people) to find out "what is the biggest concern when purchasing properties that cannot be rebuilt."

### Request for citation and reproduction of data

When using the survey results and images from this press release, please include a link to the URL of URUHOME (https://uruhome.net/saikenfuka-concern-survey/) where the survey results are published.

No permission is required from our company for publication.

### Un-rebuildable Property Survey: Respondent Attributes (Valid responses: 289 cases)

- Gender composition - Men: 179 people (approx. 62%) - Women: 110 people (approx. 38%) - Age group composition - 20s: 52 people (18.0%) - 30s: 97 people (33.6%) - 40s: 81 people (28.0%) - 50s: 45 people (15.6%) - 60s: 14 people (4.8%) - 70s and older: 0 people (0%) - Survey period - 2025.7.28-2026.2.1

### What are the concerns when purchasing properties that cannot be rebuilt?

What are the concerns when purchasing properties that cannot be rebuilt?

1st place: Difficult to sell - 96/289 - 33.2% 2nd place: Cannot rebuild if collapsed in a disaster - 48/289 - 16.6% 3rd place: Limited ability to cope with aging - 46/289 - 15.9% 4th place: No use for the land even if demolished - 22/289 - 7.6% 5th place: Don't know what to do if it becomes too dilapidated to fix - 15/289 - 5.2% 6th place: Difficulty in obtaining loans - 12/289 - 4.2% 6th place: Difficulty evacuating due to narrow passages even in the event of an earthquake or fire - 12/289 - 4.2% 8th place: Repair costs tend to be high - 11/289 - 3.8% 8th place: Troubles with neighbors - 11/289 - 3.8% 10th place: No particular concerns - 9/289 - 3.1% 11th place: Difficulty in obtaining insurance - 7/289 - 2.4% Valid responses: 289 (single answer)

The survey results revealed strong concerns among respondents regarding securing a future exit strategy and managing building maintenance risks when purchasing properties that cannot be rebuilt.

'Difficult to sell' ranked 1st with 33.2%, and 'Cannot rebuild if collapsed in a disaster' ranked 2nd with 16.6%. This indicates respondents' high anxiety about the inherent low liquidity of properties that cannot be rebuilt and the irreversible risk of reconstruction restrictions in case of an emergency.

Next, we will introduce comments from those who chose items ranked 1st to 5th.

### 1st place: Difficult to sell - 96/289 - 33.2%

The top concern was 'difficult to sell,' with anxieties primarily focused on the biggest exit strategy in real estate investment and ownership.

Many comments pointed out 'a decline in asset value and low liquidity,' highlighting the serious reality that it is difficult to find a buyer when trying to dispose of the property, or that there is a high risk of it becoming a 'negative asset' without recovering the investment amount.

#### <Comments from those who chose 1st place: "Difficult to sell">

- "The most concerning aspect of a property that cannot be rebuilt is indeed the decline in asset value and low liquidity. Since it cannot be rebuilt, its utility value significantly decreases as it ages, increasing the risk of it being difficult to sell. In addition, it is often difficult to obtain loans from financial institutions, and the limited number of buyers is also a major problem." 20s, Male - "Japan is a country with many earthquakes and typhoons, so this risk is the most frightening. It feels highly likely to become a negative asset rather than an investment. I have an image of it having very low asset value and being difficult to handle." 30s, Male - "The biggest concern is that if it collapses in an earthquake or fire, it will become just a worthless piece of land. In such a case, there is a risk of losing the entire investment. Also, when considering selling as an exit strategy, the low liquidity, making it difficult to find buyers, is very worrying." 30s, Male

### 2nd place: Cannot rebuild if collapsed in a disaster - 48/289 - 16.6%

The 2nd place, 'Cannot rebuild if collapsed in a disaster'