The physical house itself generally isn't gaining in value. A newer house tends to be worth more, so age is still impacting the price. Many of the houses near

The physical house itself generally isn't gaining in value. A newer house tends to be worth more, so age is still impacting the price. Many of the houses near me are torn down and replaced after being purchased, so the price is more reflective of the cost to acquire the land. The mold issue isn't unique to Asia. Parts of the southern US have a preference for new homes due to mold, termites and storm damage.