The effect of Japanese housing regulations on tourism

Meet Chai Kanda, CEO of Shiki Properties in Kyoto, who sits down to talk about Japan's short-term rental market. He talks about his work restoring machiya for vacation rentals, Japan's tourism boom, and how regulations affect Japan's tourism industry.--0:00 Intro0:45 Meet Chai1:07 What brought Chai to Japan2:07 Chai’s childhood in Japan2:27 Leaving Sydney for Japan2:51 Chai’s original vision for Japan3:52 Chai’s first job in Japan4:11 Staying in Kansai long term4:36 Discovering real estate6:43 From rentals to acquisitions for Chai9:30 The pros and cons of machiya investment for Chai11:38 The charm of machiya12:15 Chai on Airbnb in Japan13:58 Chai on renovation budgets16:27 Chai navigating funding and partnerships17:35 Chai on customer demand for machiya18:55 Adapting to rapid growth20:17 How booming tourism affects regulations24:32 Kyoto-specific rules25:29 Expanding beyond Kyoto29:02 Expanding into Japan's "Little Venice"32:37 Chai comparing markets34:20 The usual process of starting in a new area36:56 Tourism and neighborhood change39:55 Evaluating sustainable tourism markets43:09 Chai on overtourism in Japan45:13 Crowded buses and local frustration47:27 Transit expansion challenges48:10 Untangling the tourism challenge50:27 Chai’s long-term vision52:36 From real estate to hot sauce54:12 The reality of launching food products in Japan56:04 Chai’s Scoville rating56:55 Key lessons from two decades in business58:25 The fear of failure in Japan1:00:39 Being prepared for business in Japan1:03:26 Wrapping up1:04:01 Outro____________Shiki Group:https://linktr.ee/shikigroupShiki Properties IG:https://instagram.com/shiki_propertiesShiki Real Estate:https://linktr.ee/shiki.realestateFollow us:https://unpacking.jp/https://www.instagram.com/unpacking_japanhttps://www.tiktok.com/@unpackingjapanhttps://www.facebook.com/unpackingjapanhttps://www.youtube.com/@unpackingjapanshortshttps://www.x.com/unpacking_japanhttps://creators.spotify.com/pod/profile/unpackingjapanSubscribe for more in-depth discussions about life in Japan! Interested in working at a global e-commerce company in Osaka? Our parent company ZenGroup is hiring! To learn more, check out https://careers.zen.group/en/