80% of 'Unsellable Real Estate' Owners Consider Disposal, but Over 40% Still Stuck: Survey of 120 Owners by Patri Inc.
Key facts
- 80% of 'Unsellable Real Estate' Owners Consider Disposal, but Over 40% Still Stuck: Survey of 120 Owners by Patri Inc.
- Patri Inc. conducted a survey on 120 owners of problematic real estate in the Tokyo area. While 82% wanted to sell, 43% have yet to dispose of their properties. Inherited properties account for 70%, with tax burdens and complex legal rights being major obstacles.
- Source: PR Times
- Date: May 25, 2026
Direct answer
Patri Inc. conducted a survey on 120 owners of problematic real estate in the Tokyo area. While 82% wanted to sell, 43% have yet to dispose of their properties. Inherited properties account for 70%, with tax burdens and complex legal rights being major obstacles.
- Citation
- 80% of 'Unsellable Real Estate' Owners Consider Disposal, but Over 40% Still Stuck: Survey of 120 Owners by Patri Inc. (May 25, 2026), PR Times
- Source
- PR Times
- Date
- May 25, 2026
Patri Inc. conducted a survey on 120 owners of problematic real estate in the Tokyo area. While 82% wanted to sell, 43% have yet to dispose of their properties. Inherited properties account for 70%, with tax burdens and complex legal rights being major obstacles.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 19:10
- 🔍 Collected: May 25, 2026 at 10:31
- 🤖 AI Analyzed: May 28, 2026 at 13:08 (74h 36m after Collected)
Patri Inc. (Minami Aoyama, Minato-ku, Tokyo; CEO: Motohide Ai), a specialist in buying and brokering 'problematic real estate,' conducted a survey targeting residents in the Tokyo metropolitan area who own or have inherited such properties, including non-rebuildable land, shared ownership, and leasehold rights. The survey revealed a serious reality of owners being 'unable to sell even if they want to.'
### Main Survey Results (Summary)
- Considered selling or disposal at least once: approx. 82% (98 out of 120)
- 'Not yet sold/disposed': approx. 43% (over 40% of those who considered selling)
- Reason for acquisition: 'Inheritance' (approx. 70%)
- 'Have not consulted anyone': approx. 19% (1 in 5)
- Average time to complete a sale: approx. 11 months
### Background of the Survey
When real estate is inherited, it is often a 'problematic property' like non-rebuildable land or shared ownership. Such properties are difficult for standard real estate companies to handle, and major agencies often refuse them. Owners are forced to leave them vacant due to a lack of information, facing burdens like annual fixed asset taxes, building deterioration, and conflicts among heirs.
### Prevalence in the Tokyo Area
A screening survey of 2,000 residents in the Tokyo area found that about 11% (1 in 9) have experience owning or inheriting problematic real estate.
Breakdown by type:
- Shared ownership real estate: 5.6%
- Leasehold properties: 4.25%
- Non-rebuildable properties: 3.4%
- Leased land (底地): 1.7%
### Issues Faced After Acquisition (Voices from the Owners)
- Ongoing burden of fixed asset taxes and maintenance costs
- Inability to dispose of or change registration alone due to shared ownership
- Rent negotiations and rights disputes with lessees
- Restrictions on usage due to non-rebuildable status (no reconstruction or expansion)
- Difficulty in management due to living far away
Respondents expressed their distress: 'I can't make decisions alone because of shared ownership' (Tokyo, male, 66); 'I was at a loss when I realized I couldn't rebuild or expand while still paying taxes every year' (Tokyo, male, 63).
### Main Survey Results (Summary)
- Considered selling or disposal at least once: approx. 82% (98 out of 120)
- 'Not yet sold/disposed': approx. 43% (over 40% of those who considered selling)
- Reason for acquisition: 'Inheritance' (approx. 70%)
- 'Have not consulted anyone': approx. 19% (1 in 5)
- Average time to complete a sale: approx. 11 months
### Background of the Survey
When real estate is inherited, it is often a 'problematic property' like non-rebuildable land or shared ownership. Such properties are difficult for standard real estate companies to handle, and major agencies often refuse them. Owners are forced to leave them vacant due to a lack of information, facing burdens like annual fixed asset taxes, building deterioration, and conflicts among heirs.
### Prevalence in the Tokyo Area
A screening survey of 2,000 residents in the Tokyo area found that about 11% (1 in 9) have experience owning or inheriting problematic real estate.
Breakdown by type:
- Shared ownership real estate: 5.6%
- Leasehold properties: 4.25%
- Non-rebuildable properties: 3.4%
- Leased land (底地): 1.7%
### Issues Faced After Acquisition (Voices from the Owners)
- Ongoing burden of fixed asset taxes and maintenance costs
- Inability to dispose of or change registration alone due to shared ownership
- Rent negotiations and rights disputes with lessees
- Restrictions on usage due to non-rebuildable status (no reconstruction or expansion)
- Difficulty in management due to living far away
Respondents expressed their distress: 'I can't make decisions alone because of shared ownership' (Tokyo, male, 66); 'I was at a loss when I realized I couldn't rebuild or expand while still paying taxes every year' (Tokyo, male, 63).
FAQ
How many owners of problematic properties have considered selling or disposing of them?
Out of 120 respondents in a quantitative survey, approximately 82% (98 people) have considered selling or disposing of their properties at least once.
What percentage of those who considered selling have not been able to dispose of their properties?
Approximately 43% of those who considered selling have responded that they have not been able to sell or dispose of their properties yet, indicating the difficulty of selling.
What is the main reason owners end up with problematic properties?
According to detailed interviews, about 70% of owners acquired their properties due to inheritance.
On average, how long does it take to complete the sale of problematic properties?
Based on detailed interview data, the average period to complete a sale is about 11 months.
Where do owners of problematic properties seek advice?
The survey shows that about 19% (1 in 5) of owners have not consulted anyone, suggesting a lack of appropriate consultation options.