House-Flipper Sees Big Profits in Japan's 8 Million Empty Homes
- Katitas renovates unoccupied houses and sells them on cheap
- Stock has risen more than 60% this year on profit expectations
This article is for subscribers only.
More than eight million homes lie abandoned across Japan, a symptom of the declining population and its migration to major cities.
For one company, this isn’t just an ominous demographic signal: it’s also a business opportunity.