Burial Space Scarcity Turns Cemetery Plots Into High ROI Real Estate Assets
Briefly

A global real estate shortage for burial spaces has emerged, prompting countries like Japan, Hong Kong, and South Korea to favor cremation. These nations have implemented exhumation laws, with South Korea mandating exhumations every 60 years, while Hong Kong requires it after six years. Similarly, in Europe, exhumation has become necessary when burial spaces run out, especially in New Orleans due to high water tables. Cultural factors, such as Hindu and Islamic burial practices, can lead to conflicts, emphasizing the complexities of burial plot real estate and its unique market dynamics.
Since the 1970s, Japan, Hong Kong, and South Korea have increasingly relied on cremation due to limited burial space, with strict exhumation rules enhancing this trend.
In European traditions, burial space scarcity led to exhumation practices, where remains are stored in catacombs to make room for new burials.
New Orleans utilizes mausoleums for burials due to a high water table, often necessitating exhumation during floods to prevent remains from washing ashore.
Cultural and religious differences between Hindu cremation and Islamic burial practices often lead to conflicts that may require exhumation and relocation.
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