Japan: Large-Scale Condominium Renovation: Collusion and High Costs

/ Owner - February 7, 2020

In Japan, condominium residents make regular contributions that accumulate for years to fund major renovations, adding up to around ¥1 million per apartment. But some businesses take advantage of resident management associations, with collusion leading to price gouging for construction work. What can residents do?  Read the article…………………………….

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