Japan's national land prices rose in the latest survey as the economy recovers, with Osaka prefecture posting four-year gains in both residential and commercial areas. In Minami, the local demand for sites for the special-zone minpaku program is lifting surrounding housing values, as the area experiences tourism-driven demand while hotel supply lags behind due to ongoing Expo and integrated resort plans. Some operators use minpaku to attract visitors and even obtain business or management visas, prompting concerns that immigration-focused investment may be driving up prices. Local authorities are considering tighter regulation, but experts warn that banning could push activity underground; balancing tourism growth with residents' safety remains key as large events approach.