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If Japan had a more western investment and speculative mindset when it came to property/housing, maybe anything decent would cost much more and you'd be priced
by purple_ferret 5y ago
If Japan had a more western investment and speculative mindset when it came to property/housing, maybe anything decent would cost much more and you'd be priced out anyway.
- fshbbdssbbgdd 5y agoIt’s not just a difference in mindset that prevents the homes from being valuable. The demographic pyramid and immigration rates mean these homes won’t be in-demand in the future. So investors speculate that the value will stay low.
- srvmshr 5y ago"If Japan had more Western investment [...] " That's a big 'if' buddy. I am sure if free market capitalism worked its way, I would also have much more flexibility, which I may be possibly willing to put my dime in.