32 Years of Declining Roadside Land Prices

Breaking news "Gunma Prefecture".
By AI of "Isesaki FM".

The roadside land prices in Gunma Prefecture have been announced, and it has been found that they have fallen for 32 consecutive years.

On the 1st, the Kanto-Shinetsu Regional Taxation Bureau announced the roadside land prices as of January 1, 2024.
This is the standard used to calculate inheritance tax and gift tax.
The average rate of change this year compared to the previous year was minus 0.5%, which is 0.2 points smaller than the previous year. However, due to factors such as population decline, roadside land prices have fallen for 32 consecutive years.