6 property investment techniques Working and living styles are changing, property investment techniques are changing, and the outlook for 2024 is -.

Real estate investment is currently attracting attention, with soaring prices for condominiums in city centres due to the dramatic changes in working methods and lifestyles following the coronation.

Let us now explore what the key points are for actually starting a property investment.

Real estate situation in city centres

The Corona disaster has changed people's lifestyles and ways of working, and the real estate situation is also changing. In the city centre, demand for flats for single people has decreased as teleworking and remote working has taken root, and demand for family-type rental properties of around two bedrooms is increasing.

According to a real estate official, family-type rental properties are filling up quickly when they become vacant. This is due to the phenomenon of couples with both parents working and raising children moving to detached houses or to the suburbs due to changes in working patterns, and demand for more spacious accommodation in rental housing is also increasing.

In contrast, demand for office space has been declining. This is because the spread of telework in the Corona disaster has reduced the need to go to the office, and spacious offices are no longer required.

However, the completion of large new buildings in central Tokyo is expected to continue after 2024, and if the supply of office space increases, new vacancies will be created, further worsening the supply-demand balance in the rental office market. One of the reasons for the sluggish growth in future office demand

This will be one of the factors that will cause the future demand for office space to stagnate.

In addition, the Corona disaster caused not only workers but also companies themselves to relocate from the city centre in many cases, and this trend is likely to increase in the future, making it difficult to realistically expect office demand to return to pre-Corona levels. The above is the real estate situation in the city centre after the Corona disaster.