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Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

nytimes.com

11–20 of 84 posts

Re: Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

#12

We'd love to but the immigration policies are very unfriendly.

Would really love to see the LDP decide to open up immigration for folks from ASEAN member states. The JICA's infra projects in the region are a strong soft power play, and are getting delivered faster than anything funded by the Belt and Road initiative (or at least when I look at the different projects in Metro Manila, they are).

Re: Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

#13

This seems important: "Since buying the farmhouse in 2019, the couple have spent about $150,000 on renovations"

It also depends on if renovations will just be done by yourself... can be dramatically cheaper (if you have the time).

Re: Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

#15
post #10
post #7

Let me save you from the momentary daydream and predictable disappointment after reading the clickbait article: > Mr. Thursfield and his Japanese-born wife, Chihiro > The couple have spent about $150,000 on renovations, and there’s more to do

So, 20x less renovation than a $4m house in Palo Alto needs.

> So, 20x less renovation than a $4m house in Palo Alto needs.

While the comparison of renovation costs is interesting, it seems somewhat arbitrary to use Palo Alto as the sole point of comparison.

After all, Palo Alto is widely known as one of the most expensive cities in the United States, so it’s possible that the cost of renovations there could be significantly higher than in other areas. It would be fascinating to see a broader analysis of renovation costs across different cities, regions, or countries, perhaps even taking into account factors such as local labor costs and materials prices.

Only then can we truly understand the economic implications of home renovation and how it varies across the country.

Re: Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

#18

We'd love to but the immigration policies are very unfriendly.

If you can secure a job in Japan (admittedly a big if), they're far more friendly than, say, the US.

Not in how you're going to be treated. During Covid permanent residents were kept out because they're foreigners while citizens were able to travel to Japan[1]. Anyone who expects a western immigrant experience in Japan would be sorely mistaken.

[1]: https://www.japantimes.co.jp/news/2020/05/19/national/social...

Re: Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

#19
I've been watching the progress of this Australian, who with his Japanese wife bought an abandoned farmhouse. His work ethic is way better than mine - in the past four years he's made tremendous progress in getting the place fixed up.

I really like the wood beam construction with ceramic tile roof that makes up the style of the home. They bought the house at auction for ¥3mm (about $23,000 USD today). No idea what they've spent to date, but I would guess 3-4 times that.

https://www.youtube.com/watch?v=dgw_8fTkqNk

Re: Japan Has Millions of Empty Houses. Want to Buy One for $25,000?

#20
post #19

I've been watching the progress of this Australian, who with his Japanese wife bought an abandoned farmhouse. His work ethic is way better than mine - in the past four years he's made tremendous progress in getting the place fixed up. I really like the wood beam construction with ceramic tile roof that makes up the style of the home. They bought the house at auction for ¥3mm (about $23,000 USD today). No idea what th…

Article is about the same person, I think? $150,000 in renovations so far.
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