Tokyo Housing Survey: Inflation Protection Tops 20s' Buying Motives, 1 in 4 Shift from Mansions to Houses

A survey of 1,000 upper-middle-class residents in the Tokyo metropolitan area by Takamatsu House revealed significant shifts in home-buying behavior. While older generations buy due to space needs, those in their 20s prioritize 'inflation protection' and asset formation. As condo prices soar to 150 million yen even for modest spaces, one-fourth of buyers have shifted interest from condos to detached houses. The primary trigger is the rising cost of management and repair fees in condominiums, leading buyers to favor detached houses for lower monthly fixed costs and land ownership value.