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I'm a 31-year-old Canadian who bought an $11,000 house in rural Japan. Here's why I don't see it as an investment.

Person flashes a peace sign on a stone path beside a traditional temple building in a lush mountainside setting.
Canadian Andrew Koller bought a home in Japan.

Courtesy of Andrew Koller

  • Andrew Koller owns property in Canada, but decided to buy a home in Japan after visiting.
  • Koller spent $15,000 CAD on an akiya and spent months renovating it.
  • He plans to visit on occasion and rent it out some of the time.

This as-told-to essay is based on a conversation with Andrew Koller, 31, a freelance camera operator who purchased a home in Yamagata, Japan, in March. Koller, who's based in Edmonton, Canada, renovated the home and plans to use it as a vacation home. The following has been edited for length and clarity.

Like a lot of millennials, I was exposed to Japanese culture in some sense early on with "Naruto," "Pokemon," and "Dragon Ball Z." After that, I don't think my interest really left.

Come 2020, I had a bunch of time on my hands like everybody else. It seemed like a good time to finally learn Japanese. I've been learning Japanese with a private tutor since then.

Then, in 2023, I made my first trip to Japan.

Like everybody else who comes back from their first trip to Japan, I just fell in love. I couldn't stop talking about it, but I wanted a deeper connection to the community.

A small house with a covered porch stands beside a driveway under cloudy skies and autumn trees.
Koller's home in Yamagata, Japan.

Courtesy of Andrew Koller

I wanted more than just the superficial, surface-level experience of Japanese life. So I thought maybe a good way to get that experience would be to buy a house that's not in a major tourist city, somewhat live there, and spend a good chunk of time over there getting involved with the community by renovating a forgotten property.

The algorithm was watching for sure. After my first Japan trip, my YouTube and Instagram algorithms were suggesting to me all these similar people doing similar things.

From that, I was like, this seems like something I can do. In my free time, I like to DIY. I have a little workshop — I wouldn't say I'm good at it, but I feel like I know enough to do the basics.

I'm at the point in my life now where I've had all these ideas and I've said, "Oh, it'd be cool to do this," but I never do it. I never follow through. I just wanted to prove to myself that I actually followed through on one of these somewhat whimsical ideas.

The house I bought in Japan cost a fraction of what houses cost in Canada

I've always been interested in real estate since a young age.

Purchasing your first house is doable, but if you want to purchase a second house after that, like a rental, it's extremely challenging to do that in Canada. Canada's housing market has exploded, especially in Alberta.

I'm in a very fortunate position where my partner and I own a house and we own a rental property as well close to the university area.

I bought the rental house when I was 20 with my parents — they had to sign on because no bank was going to loan a 20-year-old kid a mortgage. I rented out the rooms and then I lived for free for my time in college.

A person sits in a traditional tatami room with wooden sliding doors, built-in shelves, and a ceiling light.
Koller's Tatami room before renovation.

Courtesy of Andrew Koller

Both houses have a similar value. My primary residence is worth just under $600,000 CAD (about $422,880). When we bought the rental 10 years ago, it was around $500,000 CAD, but it's gone up since.

For my home in Japan, I spent $15,000 CAD (about $10,600) on the purchase price plus closing costs, which was another $3,000 CAD.

I can definitely see myself spending extended time in Japan.

I want to go out there at least a few times a year. It's close to a pretty big ski resort, and I snowboard.

Doing the math for that, if I was to go stay in Banff or Jasper — one of the more popular mountain towns in Alberta — for a week and ski, it's actually cheaper to fly to Japan, because the skiing is also very affordable, so that was a big factor for me.

I would like to rent it out, but I don't plan on making a lot of money from it

I went to Japan in October 2025 to look at properties. I made an offer in November, it got accepted, and then I got possession of the property in March 2026. Then I went up for the entire month of April to start renovations on it.

I wanted to respect what was already there when I went in. Even though the house itself wasn't ancient or historical — it was built in the '60s or '70s — it was very traditionally built with the Tatami rooms. I wanted to keep a lot of that, coming in as a Westerner.

I wanted to try and adapt to their way of life rather than trying to impose my own. I just wanted to complement what was already there.

Traditional tatami room with a low wooden table, floor cushions, sliding doors, shelves, and warm wood interior details.
The Tatami room after renovation.

Courtesy of Andrew Koller

Now, the house is 98% done.

The actual renovation costs right now are just over the purchase cost. So I'm at around $18,000 CAD and change, doing most of it myself.

Right now, the goal would be to do a short-term rental in the future, but I don't plan on it making a lot of money.

I think that's the one thing people will get confused about. They think, "If I do this and renovate it, I can make a ton of money off a short-term rental in Japan." That's not the case, because there's so much competition with the hotels there that are already amazing and very affordable.

Person sits on a polished wooden corridor floor holding a cup beside sunlit sliding windows.
Koller's wife in their home in Japan.

Courtesy of Andrew Koller

I just want to cover the maintenance costs more than anything. Doing a little bit of short-term rental, I think, will help with that.

It's not an asset. I think maybe people go to Japan with the Western mindset, like, "Oh, it's a buy-and-hold asset." Outside of Tokyo and the big cities, real estate doesn't do that.

Real estate always goes down in value over time. If you're buying a house in Japan, go in with the expectation that it's not as much of a financial asset as it is a recreation: you'll get more of a cultural experience.

Read the original article on Business Insider

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Meeting between Ukraine’s Minister for Restoration, Infrastructure and Transport Mykola Kalashnyk, Japan’s Ambassador to Ukraine Yo Osumi, and JICA Ukraine Office Chief Osamu Hattori, October 2026. Photo: Mykola Kalashnyk/Telegram

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Ukraine's Minister for Restoration, Infrastructure and Transport Mykola Kalashnyk during a meeting with Japan's Ambassador to Ukraine Yo Osumi and JICA Ukraine Office Chief Osamu Hattori, October 2026. Photo: Mykola Kalashnyk/Telegram
Ukraine's Minister for Restoration, Infrastructure and Transport Mykola Kalashnyk during a meeting with Japan's Ambassador to Ukraine Yo Osumi and JICA Ukraine Office Chief Osamu Hattori, October 2026. Photo: Mykola Kalashnyk/Telegram

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The flags of Japan and Ukraine displayed on a screen during a meeting between Ukraine's Minister for Restoration, Infrastructure and Transport Mykola Kalashnyk, Japan's Ambassador to Ukraine Yo Osumi, and JICA Ukraine Office Chief Osamu Hattori, October 2026. Photo: Mykola Kalashnyk/Telegram
The flags of Japan and Ukraine displayed on a screen during a meeting between Ukraine's Minister for Restoration, Infrastructure and Transport Mykola Kalashnyk, Japan's Ambassador to Ukraine Yo Osumi, and JICA Ukraine Office Chief Osamu Hattori, October 2026. Photo: Mykola Kalashnyk/Telegram

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Kyiv during a blackout caused by Russian strikes on energy infrastructure, 11 October 2026. Photo: Yan Dobronosov
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The move is being presented as a tool to protect public finances and social cohesion.

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The adjustments arrive after the foreign resident population reached a record 4.12 million at the end of 2025, up 9.5% in a single year. Prime Minister Sanae Takaichi has framed the tighter rules as a way to keep acceptance orderly.

“The government acknowledges that some citizens feel anxious or a sense of unfairness due to the rising number of foreign residents,” Takaichi wrote on X. The changes, she said, are meant to “ensure order” and allow “both citizens and foreign nationals to live safely and securely.”

政府では、在留外国人数の増加に伴って不安や不公平感を感じる国民の皆様がいらっしゃることに向き合い、「外国人政策」を「秩序」あるものとし、国民の皆様と外国人の双方が安全・安心に生活していけるようにするため、本年1月、『外国人の受入れ・秩序ある共生のための総合的対応策』を取りまとめ、幅広い施策に取り組んでいます。…

— 高市早苗 (@takaichi_sanae) September 27, 2026

Under the revised guidelines, permanent-residency applicants must show continuous household income at or above the average for Japanese households of similar size — 5.75 million yen (about $36,500) in 2024 official data.

They must also demonstrate projected pension benefits comparable to 30 years of contributions to the employees’ pension system, a shortfall that can be covered by assets. From April 2027, applicants will need Japanese proficiency at the level of an independent user and a working grasp of local social rules.

The standard residence period remains 10 years; marriage-based pathways were lengthened as well.

The approach is straightforward. Settlement becomes available to people who can support themselves, contribute to the pension system, and function in Japanese society, rather than to anyone who simply accumulates years of temporary status.

Extra fee revenue is earmarked in part for language education and for removing people who overstay or break the rules. A related fivefold rise in visa fees took effect in July, the first adjustment since 1978, which Foreign Minister Toshimitsu Motegi described as a correction “to reflect inflation and exchange rate fluctuations.”

Meanwhile, European states face larger and faster inflows of migrants, strained housing and welfare systems, and repeated public backlash over irregular migration and failed integration. Japan’s harder line comes at a time when the country already has far fewer foreigners to deal with, especially from troubled Third World countries.

The radically different approaches to immigration are made clear through sheer numbers. In Germany, the former government cut the standard residency wait from eight years to five on June 27, 2024. The largest practical change is dual citizenship: applicants no longer have to renounce their existing nationality. Since the changes, Germany granted about 292,000 citizenships in 2024 and about 333,000 in 2025.

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