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A comment on Japan Shows the Way to Affordable Megacities (2014). Parent comment

Re:Japan Shows the Way to Affordable Megacities (2014) by ekianjo on Sunday May 07, 2017 @11:01AM (#14285765)
In 20-30 years an accommodation loses about 50 to 60% of its value in Japan. The only thing that is stable or gaining any value in Japan is land. The rest is just a deprecating asset.
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Re:Japan Shows the Way to Affordable Megacities (2014) by Dunan on Monday May 08, 2017 @05:52AM (#14290345)
This is why you buy a fully-depreciated ~40-year-old apartment or house.

I spent my entire life's savings to do this and it was the best decision I ever made. When and if I leave Tokyo, I will rent it out for side income. I can't overstate the peace of mind this gives me.

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Re:Japan Shows the Way to Affordable Megacities (2014) by ekianjo on Wednesday May 10, 2017 @11:53PM (#14313728)
What happens though when they decide to tear down the building? How much of the value do you recoup?
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