Japan's glut of abandoned, derelict homes created so many eyesores and safety hazards it's making the property market bleed billions

• Japan's abandoned homes are casting a shadow on nearby properties, a Nikkei report revealed. 
• The homes cost the Japanese property market some $24.7 billion over five years through 2023.
• Japan has been offering these abandoned homes at throwaway prices to lure buyers. 

Japan's glut of abandoned homes — or akiya — has hit the prices of surrounding properties, and the damage goes into the tens of billions.