"To combat this, schemes have been put in place by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to promote the renovation and reoccupation of "Akiya" property, with estate agents maintaining special listings referred to as "'Akiya" Bank' to facilitate the sales, renovation and renting of such property.is the Japanese word for a large cluster of apartment buildings of a particular style and design, typically built as public housing by a government authority.