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Japanese homes are disposable like trailers in the USA. They are often demolished and fully replaced after 20 years or changing hands. So yes, investing in a di
by nemo44x 4y ago
Japanese homes are disposable like trailers in the USA. They are often demolished and fully replaced after 20 years or changing hands. So yes, investing in a disposable thing would yield poor results.
- mitthrowaway2 4y agoThis argument makes no sense, no matter how often it's repeated. The Japanese housing bubble crash represents investment losses on land, even empty lots, and is not a result of high upkeep costs. The losses in that graph represent many several multiples of the cost of the structure. Furthermore, depreciation of structures happens everywhere worldwide, and while it may happen faster in Japan, it's mostly balanced there by low construction costs.