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.
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Famous quotes containing the words company and/or housing:
“There is no such thing as “the Queen’s English.” The property has gone into the hands of a joint stock company and we own the bulk of the shares!”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“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)