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Frequent Earthquakes make housing a rapidly depreciating asset in Japan. Homes are torn down and new ones are built all the time which is why they have such int
by acuozzo 4y ago
Frequent Earthquakes make housing a rapidly depreciating asset in Japan. Homes are torn down and new ones are built all the time which is why they have such interesting architecture.
There relatively few old homes in Japan.
- Beaver117 4y agoInstead of making eathquake proof houses they tear down and rebuild? Doesn't sound right. I thought the rapid depreciation is because of some government policy.