If you built a house in Japan now for the cost of 100k the house would be worth 50k in 30 years.
Real estate in Japan appreciates like cars, unless you have an especially rare piece of land, it depreciates over time. It’s a bad investment unless you’re actively getting use out of it.
Part of why there’s so much cheap and abandoned land in Japan, there’s no real estate investment structure outside of land near train stations.
If you built a house in Japan now for the cost of 100k the house would be worth 50k in 30 years.
Real estate in Japan appreciates like cars, unless you have an especially rare piece of land, it depreciates over time. It’s a bad investment unless you’re actively getting use out of it.
Part of why there’s so much cheap and abandoned land in Japan, there’s no real estate investment structure outside of land near train stations.