'20% of residential areas in Japan will be ghost towns'

[Takechanpoo]

in 10-20 years the large part ofdankai(babyboomer) generations jijis and babas will die and many used houses also will be put on the market by a few million yen's in the suburban area of j-metropolis. unless government carry out a large-scale immigration policy.
its so moronic to buy houses now. you should wait for at least 5-10 years just like me.

[Wage Slave]

in 10-20 years the large part ofdankai(babyboomer) generations jijis and babas will die and many used houses also will be put on the market by a few million yen's in the suburban area of j-metropolis. unless government carry out a large-scale immigration policy.
its so moronic to buy houses now. you should wait for at least 5-10 years just like me.

Predicting markets is always a very hit and miss affair. There are any number of other things that could happen. But yeah, I agree it's a fairly good bet that the outlook for residential property prices is fairly negative. So you could well be right about that.

However, two points:

1. It will be patchy as always. Some areas will become ghost towns or the way things are going, dysfunctional slums. Other areas will remain desirable and prices will hold up far far better.

2. If you are single and have no particular ambitions or plans in life then hanging on for an extended period is certainly do-able. However, for a lot of people there is a certain drive to just get on with life. If you need a family house in a decent area now and not in 10 years, then in the bigger scheme of things then its better to bite the bullet and just do it. You only get one shot at this life after all so there are times when you just have to take a broader view than just price and look seriously at value.

[matsuki]

Most of the deaths and injuries occurred when older wood-frame houses with heavy clay tile roofs collapsed. Note that homes and buildings are designed to be very strong in the vertical direction because they must support their own static weight. On the other hand, buildings can be very susceptible to horizontal ground motion.

Furthermore, many of the structures in Kobe built since 1981 had been designed to strict seismic codes. Most of these buildings withstood the earthquake. In particular, newly built ductile-frame high rise buildings were generally undamaged.

I do agree those heavy as fuck tiles aren't exactly contributing to earthquake resistance but reinforcing the posts for more horizontal resistance shouldn't be difficult.

Yeah, design with purpose vs. design by clueless.

I still like how in 2015, the solution for sealing up those over-sized AC wall holes is basically clay. Classy!!

At least clay harden. The playdoh they use is just a magnet for dead bug and soot...
Plus when you get that stuff on yout hands good luck getting them clean...

Yeah, that stuff is terrible. Over time, it tends to develop gaps as well.

[kurogane]

The funny thing is that shack in Hayama would likely be more resilient than anything more recent, even allowing for the revisions to the building code.

I've heard people say that before and have even heard that the older houses did better in the Kobe quake than newer ones. However, that seems to be a kind of urban legend because everything I've ever read says different.

Velly Intalesting! Fair enough. I would never use those clay tiles anyways, but that all certainly makes sense.

Wage Slave,
Nicely put. This newer idea that buying a house is primarily a financial investment vehicle, as that ilk calls it, kind of weirds me out. I get it, but it's also a place to live. People that sell every 2 years and move on astound me. What a way to live. Also, even assuming that real estate prices do continue to drop, unless they drop more than about 20% the difference is minimal if you factor in the soft factors you mentioned. Like not having to fucking move.

[Buraku]

Abandoned Japanese primary school now home to barrels of aging whisky
https://mainichi.jp/english/articles/20 ... bu/026000c

old people Priorities

and Deutschmark?

The Night That Changed Germany's Attitude To Rapefugees and Refujihadis - Mass sexual assault incident turned Germany's tolerance of mass migration upside down. Police and media downplayed the incident, but as days went by, Germans learned that there were over 1000 complaints of sexual assault