News for hackers. Stuff that matters.
Re:Evergrande has defaulted on its debt, Fitch Ratings says by ekianjo on Thursday December 09, 2021 @09:04AM (#29497422)
> In Japan, old houses are rightfully considered depreciated

Even newer buildings in Japan are made in cardboard, with no/little isolation, and everything is made to be destroyed 30 years down the road anyway. Disposable houses/apartments that cost an arm and a leg anyway.

> Having a house built in the 1700s sure isn't going to be easy to solarize or insulate.

You have no idea what you are talking about. In Europe, stuff built in the 1700s and still standing today were built with thick walls and will last several other centuries without any issue, and have excellent isolation (sound and heat).

Re:Evergrande has defaulted on its debt, Fitch Ratings says by oyashirochama on Thursday December 09, 2021 @09:10AM (#29497499)
You don't pay for the house in Japan; you pay for the land usage, thats a fairly common and understood thing here. You CAN build good houses in Japan but most developers don't see the point due to extreme changes in codes, and due to the everpresent threat of earthquakes causing percieved structure damage.
Re:Evergrande has defaulted on its debt, Fitch Ratings says by persedes on Thursday December 09, 2021 @09:28AM (#29497681)
True on the insulation, but having rented in one of those places, dealing with plumbing is an absolute nightmare. Same goes for electrical work, which can be all over the place. Structural repairs are very expensive too, because you need specialized constructors to handle the old building and if the house is put under "Denkmalschutz" (monument protection?), it'll limit your options of what you can alter and who can do it even more.