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The Japanese real-estate market is also very different, houses depreciate in value and are generally not seen as an investment. A 15-year old house is likely to
by Androider 9y ago
The Japanese real-estate market is also very different, houses depreciate in value and are generally not seen as an investment. A 15-year old house is likely to be bulldozed and rebuilt from the group up by a new owner [0]. This also means the housing stock has rapid turnover and newer models can accommodate EV charging much quicker than in the US.
[0] http://freakonomics.com/podcast/why-are-japanese-homes-disposable-a-new-freakonomics-radio-podcast-3/ http://freakonomics.com/podcast/why-are-japanese-homes-dispo...