Japanese houses have limited lifespans (2018)

Re:Japanese houses have limited lifespans (2018) by sergers on Tuesday August 01, 2023 @03:14AM (#36953272)

That's how it's done in BC Canada.

Most people for houses own the land and building.

These are assessed separetly for taxation purposes/assessment value.

Some areas are leased land for say 75 year contracts or any other long term (alot of indigenous/native owned land that is leased for a term contract. There's some condo development and mall with a 100yr lease etc)

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Re:Japanese houses have limited lifespans (2018) by freetime2 on Tuesday August 01, 2023 @03:34AM (#36953403)

I haven't seen many leasehold properties, but I did come across one area where a bunch of vacation homes are built on property that is leased by the government.

Here's one I found that actually looks looks pretty nice for ¥3M (USD $21K). But the lease payments and administration fees probably scare away any prospective buyers (it's also in a forrest in one of the snowiest areas of Japan, so accessibility in winter might be a bit of an issue).

https://www.yuzawacorp.jp/detail/dtl.html?no=18094507

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Re:Japanese houses have limited lifespans (2018) by ioltas on Tuesday August 01, 2023 @04:09AM (#36953603)

Note that this one mentions 借地料, meaning that you are not an owner of the land, but the government is lending it to you for a yearly fee of 220,000 yens.

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