Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Turkey’s earthquakes show the deadly extent of construction scams. Parent comment
* Building code is constantly updated, and this makes old built homes undesirable - building itself is worth 0 yen after around 7 years;
* Shrinking population means most real estate is actually empty/abandoned on low demand areas;
* Very disaster prone area so most buildings are either new (and build code compliant) or constantly being tested for disaster resistence;
* Few invest on real estate speculation as the return-on-investment is horrible.
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* Building code is constantly updated, and this makes old built homes undesirable - building itself is worth 0 yen after around 7 years;
* Shrinking population means most real estate is actually empty/abandoned on low demand areas;
* Very disaster prone area so most buildings are either new (and build code compliant) or constantly being tested for disaster resistence;
* Few invest on real estate speculation as the return-on-investment is horrible.