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This is why you buy a fully-depreciated ~40-year-old apartment or house. I spent my entire life's savings to do this and it was the best decision I ever made.
by Dunan 9y ago
This is why you buy a fully-depreciated ~40-year-old apartment or house.
I spent my entire life's savings to do this and it was the best decision I ever made. When and if I leave Tokyo, I will rent it out for side income. I can't overstate the peace of mind this gives me.
- ekianjo 9y agoWhat happens though when they decide to tear down the building? How much of the value do you recoup?