Earlier quoted context omitted.
Japan doesn't renovate. It's probably the only country in the world where "used homes" are considered something to be ashamed of. People buy homes only to knock them down and start over, even if they're only a year or two old. EDIT: You can read about it here: https://www.economist.com/finance-and-economics/2018/03/15/w...
Japan doesn't renovate. It's probably the only country in the world where "used homes" are considered something to be ashamed of. I had heard that older Japanese were very 'allergic' to anything used or old, as it reminded them of the time during the war and post-war when everyone had to scrounge for everything. There was this thing in the 90's called '{some derogatory term}-shopping' where you'd dumpster dive in wel…
Japan Is Giving Away 8M Abandoned Houses
181–190 of 410 posts
Re: Japan Is Giving Away 8M Abandoned Houses
#182The US saw similar efforts in Detroit and other Rust Belt cities. That mostly just resulted in asset flippers hoarding houses and letting them fall into further disrepair. I wonder what steps Japan is taking to mitigate that possibility.
It's not easy to asset flip in Japan. I have no idea about this program. I live in Japan and I haven't heard about it, so I'm not sure what the deal is. However, people in Japan don't buy used houses. Due to the large number of earthquakes, etc, older houses are felt to be unsafe. A house on a property is actually a liability because the new owner will have to knock down the house in order to build a new one. I'm abs…
Re: Japan Is Giving Away 8M Abandoned Houses
#183Isn't it prohibitively hard to reside in Japan as an outsider? How can they expect to move up to 8mm houses unless predominantly to existing Japanese? Am I missing something?
Re: Japan Is Giving Away 8M Abandoned Houses
#184Earlier quoted context omitted.
Saying it's the place to be seems a bit an overreach. That building, as an example, is in a neighborhood that is just block after block of wasteland, with derelict abandoned houses falling to disrepair, and the empty lots where they removed them before. This particular building likely has no furnace, pipes were probably removed, and almost certainly requires many tens of thousands in upgrades. It seems like illusory…
No furnace is not a big deal by itself, but likely no windows, no wiring, no plumbing, no fixtures. What remains likely has mold, lead paint, and other hazards. It's at best a gut-to-the-frame-and-rebuild. If severely weather damaged it might even be a tear-down.
Re: Japan Is Giving Away 8M Abandoned Houses
#185Earlier quoted context omitted.
It's not easy to asset flip in Japan. I have no idea about this program. I live in Japan and I haven't heard about it, so I'm not sure what the deal is. However, people in Japan don't buy used houses. Due to the large number of earthquakes, etc, older houses are felt to be unsafe. A house on a property is actually a liability because the new owner will have to knock down the house in order to build a new one. I'm abs…
What reasons do people have for not wanting a perfectly good 20-30 year old house for half the price of a new one?
Re: Japan Is Giving Away 8M Abandoned Houses
#186Not immediately seeing any information on whether foreigners can acquire these houses, or if it's limited to citizens or permanent residents etc.
Re: Japan Is Giving Away 8M Abandoned Houses
#187So wait, there are places where there are houses being given away (e.g. US, Japan and Italy as far as I know) and I'm a person that has the ability to work remotely. Am I missing something? Is this my ticket to cheap housing and a more stress free life? At what point am I going to be scammed and/or disappointed?
Is it just me or is the prospect of working from home in the middle of nowhere terrifying? When you work from home, you wanna leave home often, where do you go if you're in the middle of nowhere? I work from home in the middle of a dense city, pay a premium for it! You leave home and there are about 100 places (cafes, theatres, museums, parks etc.) I can go to that are walking distance. Is that possible in say rural…
There are old or abandoned houses nearby that can be had for very little money.
I love being in the mountains. I get outdoors for cycling, hiking, running, or skiing almost every day.
The language barrier is a bit scary, but fortunately I knew enough to get by on day-to-day tasks. Google translate is also a godsend.
Re: Japan Is Giving Away 8M Abandoned Houses
#188Earlier quoted context omitted.
As an object level fact, Japan has a homogeneous culture centered around honor, which is much different from Detroit.
It's much less so today than it was when I first went to Japan back in the 80s. Still, the culture supports vending machines lining the streets and not a single little shit vandalizing them in sight.
Re: Japan Is Giving Away 8M Abandoned Houses
#189Earlier quoted context omitted.
It's not easy to asset flip in Japan. I have no idea about this program. I live in Japan and I haven't heard about it, so I'm not sure what the deal is. However, people in Japan don't buy used houses. Due to the large number of earthquakes, etc, older houses are felt to be unsafe. A house on a property is actually a liability because the new owner will have to knock down the house in order to build a new one. I'm abs…
What reasons do people have for not wanting a perfectly good 20-30 year old house for half the price of a new one?
That said, the entire housing industry in Japan has formed around the idea that homes are disposable. Unless they're very old (e.g. traditional/antique machiya and farmhouses) or apartments in large complexes, they're not built to last. Detached houses built since WWII, in particular, are more expensive to repair than to rebuild. This is probably the real reason that used homes are viewed negatively.
Re: Japan Is Giving Away 8M Abandoned Houses
#190Earlier quoted context omitted.
Only a property in Detroit in the deserted areas could mean frequent meetings with muggings, violence, etc. In Japan it will just be a regular house.
I have lived in crappy neighborhoods[1][2]. Violence is not likely to be an issue as long as you don't inject yourselves into your neighbors' business it's really not the big deal the upper classes make it out to be with all their hand wringing. Violent crime doesn't really happen that often per capita (i.e. odds are it will never happen to you). Not getting involved with drugs is like 90% of the battle. If you do ge…
as a single male, I can reliable predict that I can mind my own business and probably be fine
as a parent, I can't reliably predict that my kids will mind their own business and probably be fine