2 ms·
Of course earthquakes play a part, but I'd like to point out another case point: Taiwan. Taiwan also suffers from earthquakes (it's on Pacific ring of fire, ju
by raincole 3y ago
Of course earthquakes play a part, but I'd like to point out another case point: Taiwan.
Taiwan also suffers from earthquakes (it's on Pacific ring of fire, just like Japan). But it doesn't change how people think of the long term values of houses. 40+ years old houses are traded on market just fine.
- samtho 3y agoSame with California, some of the most expensive real estate in the country and world is located on the coast and they are not shy about building houses there.