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Japan Is Giving Away 8M Abandoned Houses

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191–200 of 410 posts

Re: Japan Is Giving Away 8M Abandoned Houses

#191
post #7

Earlier quoted context omitted.

In general completely true. However there are now a small number of people doing up old minkas. In fact my friend has a nice side business buying up these old properties in the countryside for ridiculously small sums of money, restoring them and AirBnB-ing them to tourists.

While you care to share a link to this minka-renovation business? Or is this just in Niseko...

I don't believe his business has any online presence since it's just him and his builder. He has an AirBnB listing which I'm sure you'll understand that I'm not going to reveal here.

Re: Japan Is Giving Away 8M Abandoned Houses

#192

The more interesting thing about this is that it is part of a new type of economics, contraction economics. The global trend toward birth rates below replenishment means that first-world countries are maintaining their population growth through immigration. As some countries embrace restrictions on immigration, and ultimately all countries plateau in their population growth (projected to be around 2100) it means that…

Well, this is all assuming that humanity will not expand out of Earth. If that does happen, we might actually have a perpetually expanding populace and economy. Fun times.

Re: Japan Is Giving Away 8M Abandoned Houses

#193
post #185
post #182

Earlier quoted context omitted.

What reasons do people have for not wanting a perfectly good 20-30 year old house for half the price of a new one?

Earthquakes are commonplace in Japan. You don't want an older house which may be structurally compromised.

I think that is the main reason. But also, people buy houses at different times of life in Japan. Often it's people nearing retirement, buying the "dream house". They want exactly what they want. It's a bit of a vicious circle, but people don't/can't do "starter homes" because you can't sell them.

Another common practice is to inherit your parent's or grandparent's house, knock it down and build a new one. So the same family will live in the same location for many generations, but they will rebuild the house in order to adapt to changing needs. I think this reflects the rapid rise in wealth in Japanese society. Before WWII, Japan was quite a poor country. From WWII onwards, Japan went from absolute poverty (where everything was flattened by the war) to the second largest economy on the planet (now, edged out by China for that honour). So every 20-30 years represented a major upgrade in housing.

I'm finding that in my area in the last 10 years used houses are getting slightly more popular. Certainly for me, when I eventually stop jetting back and forth between the UK and Japan I will buy a used house. A 20 year old house is still rated for a level 7 earthquake and I think they are perfectly good. I would say that at least 30% of my neighbours are over 60, so housing is going to be extremely easy to acquire (though still not a good investment).

Re: Japan Is Giving Away 8M Abandoned Houses

#194

The 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…

Whenever I hear about the used housing market (or lack thereof) in Japan I wonder if there's an opportunity to find some amazing deals. Properties that could be purchased way under value and re-purposed. Either on a personal level (foreigner wants to buy a house) or as a cheap way of setting up a hotel or AirBnB kind of business.

Re: Japan Is Giving Away 8M Abandoned Houses

#195
post #185
post #182

Earlier quoted context omitted.

What reasons do people have for not wanting a perfectly good 20-30 year old house for half the price of a new one?

Earthquakes are commonplace in Japan. You don't want an older house which may be structurally compromised.

People pay half a million dollars for 60 year old homes all the time in California, just as bad of an earthquake zone, yet these houses aren't worth half a million yen. Culture is a much bigger factor here -- I've never heard the phrase "used house" in the US. What I do hear is mid-century modern, arts and crafts, ranch-style.

Re: Japan Is Giving Away 8M Abandoned Houses

#196
post #77

So 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…

I work from home from a house in the countryside. There are no businesses here, no traffic, nothing disturbing me in my work. The closest neighbor lives a kilometre away. As a bonus, I don't even have a driver's license and the nearest bus stop is a 20-minute bike ride away from here.

Personally, I wouldn't want to live anywhere else, but I guess it does take a certain kind of person to pull it off.

Re: Japan Is Giving Away 8M Abandoned Houses

#197

Earlier quoted context omitted.

If you're working remotely and want cheap housing and a slower life, and you're interested in moving to some random place abroad, why wait on an opportunity like this? Have you considered just moving somewhere much cheaper? I work from a beach in Mexico, pay almost nothing, and have a nice and slow life. And... it's a beach! Obviously, there are plenty of places in the world to do this from if Mexico isn't your thing…

Where in Mexico? I've often thought about moving there, but I hesitate mostly because of crime. I also have a neighbor who lived there for almost a decade, until they were shaken-down by the Federales (with actual gunfights and shallow graves in his story! So they moved back to the US.)

Petty crime is always there, but you probably already have habits that thwart it like locking your door and taking your laptop to the restroom at the cafe. If a cop catches you smoking a joint on the beach and he happens to care, he'll ask for your cash, but I prefer that to getting caught in the States. ;)

More serious crime is unlikely to target you. Stay out of the north. And you can always live where the wealthier mexicans live in a city if you're nervous.

Quiet towns like a lazy beach town are pretty safe.

I'm currently based in Pto Escondido, a beach town in Oaxaca.

A good way to get your feet wet is to book an airbnb at one of the beach cities you can fly into, take a taxi down a highway that runs parallel to the shore, and get off at any of the smaller beaches/towns for a day trip. You could do a different one every day and get some work done at a cafe/bar on the beach there.

That way, worst case scenario, you're still at the beach with your touristy creature comforts (e.g. easier to find good network if you need to `npm install` -- half-joking!). But if you end up feeling more adventurous, you can take a taxi and find yourself alone on a tiny beach, which as far as I'm concerned, is one of the remaining wonders of the world.

Of course, the hardest part of travel is taking the first step at all. If it wasn't for finding a job in Guadalajara at a small incubator run by an American in /r/IWantOut, I would probably still be miserably working from a Starbucks table in Austin wondering when I'll have the balls to do something new.

Re: Japan Is Giving Away 8M Abandoned Houses

#198
post #165

Earlier quoted context omitted.

Personally, I am looking to buy a place in Llano or Blanco (between Austin and Fredericksburg, basically) in summer of 2019 and then spend a lot of time camping and visiting people and travelling. Just because you're remotely based in the sticks and use property there as a place to park equity and a place to keep your big stuff (I have a lot of tools and music equipment) doesn't mean you have to stay there if you're…

Do you find there are a lot of places to camp around there? I'm in San Antonio, and I find it very sparse compared to places that feel made for camping and hiking (looking at you, PNW).

What's the limit of how far you're willing to drive? Big Bend and Marfa are great road trips if you've never been to either.

Re: Japan Is Giving Away 8M Abandoned Houses

#199
post #77

Earlier quoted context omitted.

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…

I work remotely from "rural" Japan. I am surrounded by rice fields and mountains, but also only a 10 minute drive or 20 minute bike/bus ride to the city center where there is shopping and night life. From there it's a couple hours to Tokyo by bullet train, which I visit a handful of times a year. There are old or abandoned houses nearby that can be had for very little money. I love being in the mountains. I get outdo…

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Re: Japan Is Giving Away 8M Abandoned Houses

#200
post #185

Earlier quoted context omitted.

Earthquakes are commonplace in Japan. You don't want an older house which may be structurally compromised.

People pay half a million dollars for 60 year old homes all the time in California, just as bad of an earthquake zone, yet these houses aren't worth half a million yen. Culture is a much bigger factor here -- I've never heard the phrase "used house" in the US. What I do hear is mid-century modern, arts and crafts, ranch-style.

> just as bad of an earthquake zone

As much as people living in California would like to believe that, it's not true. I was born in Chile, a place that's actually as equally-prone to earthquakes than Japan, and I've been living in California for about 8 years now. In here, I almost forgot what is like to feel an earthquake. In Chile/Japan is common to feel at least a magnitude 5 earthquake a couple of times a year (they are actually called "tremors"). California is in an unstable zone, but nothing compared to Chile/Japan.

Anecdotally, right before moving to SF, we had the 2010 earthquake[0] (8.8), I'm pretty sure with an earthquake like that in SF, there would be no city left behind.

[0]: https://en.wikipedia.org/wiki/2010_Chile_earthquake

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