In japan, housing purchase values ACTUALLY decrease! Which makes sense when you think that the building is a depreciating asset that is rotting, just like any other hard asset you buy.
Contrast that with nyc which has been a steady rise for now 50+ years when it became evident that the city would not be a rat den forever (and i live here)
In japan, housing purchase values ACTUALLY decrease! Which makes sense when you think that the building is a depreciating asset that is rotting, just like any other hard asset you buy.
Contrast that with nyc which has been a steady rise for now 50+ years when it became evident that the city would not be a rat den forever (and i live here)