Land Ownership by Foreigners and Foreign Corporations： Perspective of Economics

Abstract

Abstract： This paper describes the development of international real estate transactions and explains what kind of friction is occurring. From the perspective of economics, I will explain how land ownership by foreigners and foreign corporations affects the welfare level of Japanese people. After these studies, we will attempt to evaluate Act on the Review and Regulation of the use of Real Estate surrounding Important Facilities and on Remote Territorial Islands.