Properties in Japan

Saifullah Samurai

Samurai for Allah
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I see there are only 3 main categories in this section: Working, Travelling and Studying in Japan.... but i dont see one specifically on living/buying properties in japan... even though there may be some threads by individuals about their own personal relocating, maybe people could post here about the actual property market in Japan or share links of Japanese real estate or useful information for those actually interested in buying properties or for investment in Japan.
 
I think that's because there isn't much interest from the jref readership.

If I recall, over 30% here is under 19 and about 75% under 29.

Not the usual age brackets for discussing investment property.
 
Land is expensive, and most realtors don't cater to foreigners, which constitutes a majority of the people who post here. Age is also probably a factor. Although we have a few older members, I'm not sure if they own or rent their living space.

This is an interesting topic; I'm not sure if it's been given much thought on these boards.
 
I expect you'll find that most of us 'old gits' have built houses on property that was either our spouse's old family house, or on adjacent or nearby family-owned vacant land.

Certainly out here in the sticks, where you're much more likely to come across house-owning gaijin, a majority of the international couples build houses on family land - often disused farm land. And in fact we're only following a national trend by doing so. Fewer and fewer sons want to continue to grow rice and vegetables on the 'family land' once ojiisan dies. They'd much rather move out of their rabbit-hutches into nice modern houses and then sell the old house for firewood.

When I first started teaching some classes in my wife's family house there was a nearby collection of 12-15 rice fields there were farmed annually. Now, only two are used for rice. A couple more for vegetables and the rest are either fallow or had houses built upon them. Where there were no houses ten years ago there are now 15 all built separately and as far as I could make out by different firms.

Anyway, I'm wandering off-topic...first, most important thing is to have heaps of money to buy the land and being married to a 'solvent' Japanese national is almost a necessity. Don't forget that the 'bricks and mortar' are practically worthless once you take possession of the keys. Nobody buys houses in Japan - they buy land and build a house. Well, there IS house-buying but it's a very small market. Remember movement of labor in Japan is almost static. When father gets posted to Nagoya from Matumoto he moves into a 2DK near the office - his family will usually stay where they are! Lots of weekend papas in Japan - and their wives wouldn't have it any other way....
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Its the technical name for it, you just have to ask if you want to participate is all.
 
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