VI
Size: a a a
VI
R
R
In addition to some of the free homes listed, the government may also be offering funds to renovate the properties, especially in instances where they were abandoned and left in disrepair.:)
KG
KG
KG
t
KG
R
R
However, people in Japan don't buy used houses. Due to the large number of earthquakes, etc, older houses are felt to be unsafe. A house on a property is actually a liability because the new owner will have to knock down the house in order to build a new one.
I'm absolutely certain that the abandoned houses are abandoned because they are literally not saleable. Even perfectly good houses that were built in the last 20 or 30 years sit on the housing market in my area for years before they even get a single offer. Houses that cost $300K end up selling for around half that price, even after waiting for years to sell it. That's how non-existent the used housing market is in Japan.
And this is not to say that housing is flat. Empty lots sell relatively quickly. Nobody wants a used house. That's the reality of the market.
KG
KG
KG
ВК
However, people in Japan don't buy used houses. Due to the large number of earthquakes, etc, older houses are felt to be unsafe. A house on a property is actually a liability because the new owner will have to knock down the house in order to build a new one.
I'm absolutely certain that the abandoned houses are abandoned because they are literally not saleable. Even perfectly good houses that were built in the last 20 or 30 years sit on the housing market in my area for years before they even get a single offer. Houses that cost $300K end up selling for around half that price, even after waiting for years to sell it. That's how non-existent the used housing market is in Japan.
And this is not to say that housing is flat. Empty lots sell relatively quickly. Nobody wants a used house. That's the reality of the market.
t
PI
t
t
KG
VI