Housing in Japan - Company Housing

Company Housing

Many Japanese companies also maintain their own apartment buildings (called shataku) where young employees live when they first start working. Sometimes, the shataku is located near the company's office building. In other cases, the company may not own its own apartment complex, but hold an exclusive lease over one or more independent apartment buildings. In 2003, there were nearly 1.5 million shataku units in Japan.

Read more about this topic:  Housing In Japan

Famous quotes containing the words company and/or housing:

    These studies which stimulate the young, divert the old, are an ornament in prosperity and a refuge and comfort in adversity; they delight us at home, are no impediment in public life, keep us company at night, in our travels, and whenever we retire to the country.
    Marcus Tullius Cicero (106–43 B.C.)

    We have been weakened in our resistance to the professional anti-Communists because we know in our hearts that our so-called democracy has excluded millions of citizens from a normal life and the normal American privileges of health, housing and education.
    Agnes E. Meyer (1887–1970)