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Disposable housing is common in some cultures who value new construction. Having a house naturally erode is better than what happens in Japan for example: [..
by twobitshifter 6y ago
Disposable housing is common in some cultures who value new construction. Having a house naturally erode is better than what happens in Japan for example:
[...] the value of the average Japanese house depreciates to zero in 22 years. (It is calculated separately from the land, which is more likely to hold its value.) Most are knocked down and rebuilt. Sales of new homes far outstrip those of used ones, which usually change hands in the expectation that they will be demolished and replaced. In America and Europe second-hand houses accounted for 90% of sales and new-builds for 10% in 2017. In Japan the proportions are the other way around. — The Economist