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How Japanese temples and shrines became hot real estate

Mariko Katsumura

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Sanbagawa, Japan | Benmou Suzuki’s dilapidated 420-year-old temple, located deep in the forest near a tiny Japanese mountain village, hardly looks like prized real estate.

Yet the monk was recently approached by two men, who said they were real estate brokers and wanted to know if he was interested in selling.

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Reuters

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    Original URL: https://www.afr.com/property/commercial/how-japanese-temples-and-shrines-became-hot-real-estate-20240920-p5kc6o