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akasakarealesta comments
Posted in: What happens to apartments where murders occur? See in context
As a local Tokyo real estate agent I definitely agree that there is a suicide discount. Late last year we bought an apartment for a client where the previous owner had committed suicide. In this case the discount over normal market prices was about 25% even though the apartment had been completely remodeled and a purification ceremony had been held by the local shrine. And for your information Japanese brokerage rules make it very clear that you have to disclose if the previous owner committed suicide on the property. But you do not have to the disclose if it was the owner before the current owner.
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