Name: Buyers of Olympic condos left out in the cold
Uploaded: 2021-03-10T18:45:48.000Z
Duration: 1 min 51 s
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they were to be the dream new homes for thousands of Japanese people who wanted a slice of the historic Olympic buzz.

Enthusiastic buyers flocked to purchase condos that would house international athletes during the Japan Olympics.

But with the event postponed for a year, the buyers initial excitement has turned to dread as they've had their move in date pushed back.

Two dozen buyers of the Harumi flag condos in central Tokyo have now started legal action against property managers and sellers and are demanding compensation.

One buyer who spoke to Reuters wished to remain anonymous.

Before I decided to buy this condo, I had been really indecisive about choosing from various properties in this neighborhood, including detached houses.

But eventually I made up my mind, and I thought this condo was the best.

Although cancellation is a possible option, I don't want to cancel it because I want to live there.

I don't think the way the seller's responding to this issue is appropriate.

They refused to answer our questions, and we're not satisfied with such a response.

The 37 year old medical researcher, so the delay had ruined his plans of moving in with his partner and parents.

He added that his current two bedroom apartment will be too small for the four of them.

Harumi Flag is one of the biggest urban renewal projects involving 10 developers, including Mitsui Fudosan Residential.

The company said it was responding to individual inquiries.

Japan's government paid almost $40 million to rent the buildings for a year to house the Olympic athletes.

The lease was later extended for another year until the end of 2021.

 Many in Japan have qualms about hosting the Olympics, with a recent survey showing that nearly 60% were against holding the games during the health crisis and 77% did not want to allow foreign fans to attend. 