[fransje26]

Funnily enough, the value of a home in Japan decreases over time to converge to a value of 0 over +/- 20 years.

That doesn't mean that the land it is built on has 0 value, but it vastly changes the financial dynamics of home-owning, and would also remove the nonsense linked to home = wealth.

With the reasonable assumption that the build quality of home in Japan is no worse than in the rest of the "Western world", it really puts the whole real estate financial racket into perspective.

[anneessens]

Interesting. I'm curious, do you know if there is another asset Japanese people have that is very valuable if not their home? Or some sort of investment?

[fransje26]

At the moment, I do not, unfortunately. But that's a topic I definitely intend to further explore when I find the time.