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This stuff about Japanese homes becoming worthless is factually false however; I'm not sure why people repeat it so much. The structure becomes worthless after
by midoridensha 4y ago
This stuff about Japanese homes becoming worthless is factually false however; I'm not sure why people repeat it so much.
The structure becomes worthless after 40 years or so, however the land does not. If you're in some dying little town, then yeah, your property will be worth nothing eventually. But if you're in a nice location in Tokyo, that land will always be very valuable, much more valuable than the structure ever was.