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The key here is considering housing a consumable with 20-year lifespan tops, as opposed to multigenerational investment vessel.
by ilammy 5y ago
The key here is considering housing a consumable with 20-year lifespan tops, as opposed to multigenerational investment vessel.
- kalleboo 5y agoYeah this is the big difference. A home in Japan is not an investment. You buy a home to live in, the mortgage is around the same or a bit cheaper than rent, but the property depreciates like a car, and while the land has value, the house you built on it has negative value (since the next tenant has to tear it down).
- jlokier 5y ago> (since the next tenant has to tear it down). In Tokyo?