The Case for Long-Term Rental
Japanese tenants average 4-6 year tenancies with very low default rates. Gross yields: Tokyo 4-6%, Osaka 6-8%, Fukuoka 6-9%, regional cities 8-15%+. Management companies charge 5-10% of rent. Guarantor companies (保証会社) provide landlords with strong payment security. Smaller units (1K, 1LDK) offer higher per-sqm rent and larger tenant pools.