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.
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