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it can go up as long as it goes up roughly in line with incomes, GDP, etc. basically, as long as the housing affordability index stays in the healthy zone. als
by qntmfred 3y ago
it can go up as long as it goes up roughly in line with incomes, GDP, etc. basically, as long as the housing affordability index stays in the healthy zone.
also, in Japan housing is a depreciating asset and while their economy has well known challenges over the last few decades, they're still an advanced economy that the majority of nations on Earth would probably be happy to trade places with. an outlier for sure, but worth mentioning
- nemo44x 3y agoJapanese houses are built to last 20 years and be thrown away. Japanese houses are better compared to trailer homes in the USA in terms of lifespan and depreciation. Also they have a declining population.