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No, the poster is not. We're talking about the world's third largest economy by GDP, and I have first-hand experience with being on the market for Japanese real
by usui 4y ago
No, the poster is not. We're talking about the world's third largest economy by GDP, and I have first-hand experience with being on the market for Japanese real estate, today. You want to hear a joke? Try San Francisco Bay Area. Then look at the price of a house in Tokyo.
And my God, the construction, convenience, and technology of Japanese houses beats the living crap out of the shoddy construction you see in the Bay Area. Do you get less usable land square-meters wise to some degree? Sure. But if you can concede some of that, the deal is way better because of the quality of life you can achieve.
- hooverd 4y agoHousing (per sqft relative to income) in Japan is cheap if you're making American wages.
- nivenkos 4y agoAnything anywhere is cheap if you're making American wages. That's how the empire works.
- adamc 4y agoI don't think London is cheap, American wages or not.
- ElevenLathe 4y agoLondon is also part of the imperial core.
- conviencefee999 4y agoYikes there is no empire
- recurser 4y agoJapanese real estate is a minefield (https://catforehead.com/2022/11/09/planned-obsolescence/ https://catforehead.com/2022/11/09/planned-obsolescence/)
- usui 4y agoThat article: Yawn. Couldn't care less about what it has to say. I'm interested in Japanese houses because I want to live in it like a regular human being, for today. I'm not inerested in buying a house in San Jose because I have moral and ethical beliefs against propping up the housing-as-an-investment industry as if I'm some kind of investor.