Japan has 33k businesses at least a century old

Re:Japan has 33k businesses at least a century old by asiachick on Friday February 14, 2020 @11:44AM (#22327974)

Except for housing which in Japan is only expected to last for 30 yrs and who's value is like a car, the moment you buy a house it's now a "used house" and from their the price goes down.

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Re:Japan has 33k businesses at least a century old by cthalupa on Saturday February 15, 2020 @04:57AM (#22334318)

This is primarily for the large cities and surrounding suburbs. Smaller cities and rural areas have many homes with significantly longer lifespans.

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Re:Japan has 33k businesses at least a century old by thebean11 on Sunday February 16, 2020 @05:54PM (#22344246)

But totally not the case in American cities, where century plus old apartment buildings and houses are totally normal

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Re:Japan has 33k businesses at least a century old by ehnto on Friday February 14, 2020 @01:49PM (#22329095)

In Australia, homes for the median house are tightly bound to land value. The house on the plot almost doesn't matter. The expectation is that land value will always go up as well. It means you can find used, run down houses selling for the same price as a brand new house next door. It's really strange. The value of housing isn't at all tied to it's usage as a home, but as a vehicle for investment.

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Re:Japan has 33k businesses at least a century old by starskublue on Friday February 14, 2020 @12:07PM (#22328162)

They also build houses insanely fast too.

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