Gucci's Struggles with Vacant Properties in China

Gucci struggles to fill vacancies in China despite significant renovations and lowered rents.

### Gucci's Struggling Property in China
Gucci's property in China has 23 rooms, with **17 currently vacant**. Despite significant renovations, there has been little movement in filling the rooms, with only a **few tenants coming and going**. The rent for each room is around **200,000 yen**, and the renovations included changing the wallpaper, air conditioning, and washbasins, with costs adding up to around **30,000 to 50,000 yen per room**.

### Challenges and Insights in the Umma District
The speaker has been living in the Umma district for **14 years** and finds the home situation **normal**, despite the challenges of settling down in a full residential community. Housing prices are rising, with a new station nearby offering **50 square meter units for 400,000 yen**, but there is a **lack of customers**. The speaker's property portfolio includes a mix of cheap and new constructions, but the mediocre properties with **ambiguous rent** are the hardest to rent out, while single-person units are in **high demand**.

### Struggles with a Packed Management Company
The speaker is single and feels overwhelmed in a packed place, reflecting on their **lack of confidence and half-hearted efforts** over the years. They have entrusted their property to a strong management company but are frustrated with the **inconsistent handling of business**. The speaker is considering **changing the pet policy for new tenants** and is also dealing with the financial struggles of acquaintances, leading to confusion about the **use of fire insurance for repairs**.

### The Challenges of Managing Pets in Rental Properties
The increasing number of repairs for rental properties, especially those allowing pets, is a **growing concern**. There's a noticeable difference in how tenants with **cheap and expensive rent** care for their pets. Despite the challenges, proper management and organization can lead to a **more harmonious living situation** with pets.

### Challenges in the Housing Market
The speaker anticipates a rent of around **12,000 yen** for a specific location and plans to target **single individuals** for occupancy. They express the need to **lower rent further** due to multiple vacant rooms, highlighting the **tough market conditions**. The rising cost of living, including food and gasoline, is causing financial strain, making it difficult for individuals to **manage rent payments**.

### Adapting to Change: Gucci and the Market in Toyama
The current market situation in Toyama Prefecture is challenging, with Gucci's investment feeling risky due to a **20% drop in performance**. The need for **thorough research and adaptation to changing conditions** is emphasized. The broadcast concludes with a note of **caution for those in Shibuya** and gratitude to the guests.

### Gucci's Struggles in the Chinese Property Market: A Deep Dive into Challenges and Strategies
* 🏢 Gucci's recent property acquisition in China has led to significant challenges, with **17 out of 23 rooms currently vacant**, leaving only **6 rooms occupied**.
* 💰 Despite investing in renovations, occupancy rates have not improved, reflecting a tough rental market where **initial tenant turnover has hindered stability**.
* 📉 Rent for each room is approximately **200,000 yen**, which is considered low, yet the investment in renovations, including **air conditioning and wallpaper**, has not yielded the **expected returns**.
* 🔍 The broader market context reveals a shift in demand, with **middle-class tenants becoming more selective**, leading to a **decrease in new housing starts** and a flow towards the **second-hand market**.
* 📊 Properties with ambiguous pricing, such as a **35-year-old unit at 55,000 yen**, struggle to attract tenants, highlighting the need for **competitive pricing strategies**.
* 💡 "If we still have six or seven rooms vacant... we have no choice but to **lower the rent**," reflecting the necessity to **adapt to market demands**.
* 📈 The overall economic climate presents challenges, with **rising living costs** impacting tenants' ability to pay rent, making it **crucial for landlords to reassess their pricing strategies**.
* 🔄 As the discussion wraps up, the focus shifts to the **importance of thorough market research and adaptability** in the face of changing economic conditions, underscoring the **potential risks of Gucci's current investment strategy**.

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ふんどしトーク#73～ぐっちーの中古物件空室苦戦中～／不動産投資の健美家／不動産投資の健美家

ふんどしトーク#73～ぐっちーの中古物件空室苦戦中～／不動産投資の健美家／不動産投資の健美家