2 ms·
Homes in Japan are generally depreciating assets with a roughly 20-30 year lifespan. Some of these homes being given away are older, but when you take ownership
by nihonde 8y ago
Homes in Japan are generally depreciating assets with a roughly 20-30 year lifespan. Some of these homes being given away are older, but when you take ownership, you’re basically getting land value. Whether or not the land is an appreciating asset is unknown, but the fact that no one wants it today says a lot. On the other hand, satoyama lifestyle is pretty special and amazing. I wonder if that culture can survive without a continuous lineage?