{"id":371116,"date":"2025-12-25T14:45:10","date_gmt":"2025-12-25T14:45:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/371116\/"},"modified":"2025-12-25T14:45:10","modified_gmt":"2025-12-25T14:45:10","slug":"demand-grows-for-housing-loans-of-up-to-50-years-in-japan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/371116\/","title":{"rendered":"Demand grows for housing loans of up to 50 years in Japan"},"content":{"rendered":"<p>Housing loans with repayment periods of up to 50 years, far longer than the standard 35-year term for long-term mortgages, are gaining popularity in Japan, particularly among people in their 20s.<\/p>\n<p>With housing prices continuing to soar, as illustrated by the average price of newly built condominiums in central Tokyo\u2019s densely populated 23 wards now exceeding \u00a5100 million, a growing number of homebuyers appear to be opting for superlong-term loans in an effort to keep their monthly payments at manageable levels.<\/p>\n<p>Housing loans with repayment periods of up to 50 years are being offered mainly by regional and online banks. By lowering the monthly repayment burden, these new long-term loans allow borrowers to purchase properties that would be unaffordable under a 35-year mortgage.<\/p>\n","protected":false},"excerpt":{"rendered":"Housing loans with repayment periods of up to 50 years, far longer than the standard 35-year term for&hellip;\n","protected":false},"author":2,"featured_media":371117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,13110,164,7688,28586,1003],"class_list":["post-371116","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-debt","tag-economy","tag-housing","tag-japanese-economy","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/371116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=371116"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/371116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/371117"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=371116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=371116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=371116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}