this post was submitted on 10 Apr 2024
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[–] MisterD@lemmy.ca 1 points 6 months ago (1 children)

Japanese real estate appreciates.

[–] BlameThePeacock@lemmy.ca 3 points 6 months ago

The answer to that is incredibly complicated. Generally speaking though, if you buy a home in Japan, you sell it for less than you originally paid. Unless you bought your property prior to the mid 80s.

Also, Land (and the old houses on them) are effectively free outside of the major cities at this point. Even small cities are so cheap as to be laughably priced, entire (mostly outdated) homes for under $100,000.