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yanpa wrote:Please ignore the picture in Taro's post as ridiculously unrepresentative, it's from a street in Harajuku which I happen to know very well and I guarantee you that it will shortly become some sort of bijou shop/eatery if it hasn't already. It used to belong to the local timber merchant but over the years the old families have died off/moved out and the gentrification is pushing northwards towards Yoyogi.
Edit: acksherly looking at Google Street View it looks like it's the last building standing in the way of a larger construction project.
yanpa wrote:Please ignore the picture in Taro's post as ridiculously unrepresentative, it's from a street in Harajuku which I happen to know very well and I guarantee you that it will shortly become some sort of bijou shop/eatery if it hasn't already..
yanpa wrote:Please ignore the picture in Taro's post as ridiculously unrepresentative,...
Coligny wrote:Speaking of which, where do you start hunting when you want to buy a former commercial building ?
Taro Toporific wrote:Speaking of ridiculously unrepresentative, Bloomberg's using the vacant homes in Inariyato part of Yokosuka as representative is deceptive too since the mountainsides of Yokosuka are an insane committing distance from Tokyo. (Realistically at best it's a 1.5-to-2 hour commute from a Tokyo office to concrete billy-goat hovel in Inariyato, door-to-door.)
Russell wrote:Coligny wrote:Speaking of which, where do you start hunting when you want to buy a former commercial building ?
I would look at the auctions for properties of debtors...
Sorry, only in Japanese. But lots of fun this site.
Taro Toporific wrote:yanpa wrote:Please ignore the picture in Taro's post as ridiculously unrepresentative, it's from a street in Harajuku which I happen to know very well and I guarantee you that it will shortly become some sort of bijou shop/eatery if it hasn't already..
Hey, complain to Bloomberg, not me. That's "ridiculously unrepresentative" photo is a screenshot of the Bloomberg news video that accompanied the article.
Taro Toporific wrote:Speaking of ridiculously unrepresentative, Bloomberg's using the vacant homes in Inariyato part of Yokosuka as representative is deceptive too since the mountainsides of Yokosuka are an insane committing distance from Tokyo. (Realistically at best it's a 1.5-to-2 hour commute from a Tokyo office to concrete billy-goat hovel in Inariyato, door-to-door.)
wagyl wrote:More that someone hopes beyond hope that enough other people see something in it so that they can get their money back.
yanpa wrote:Taro Toporific wrote:yanpa wrote:Please ignore the picture in Taro's post as ridiculously unrepresentative, it's from a street in Harajuku which I happen to know very well and I guarantee you that it will shortly become some sort of bijou shop/eatery if it hasn't already..
Hey, complain to Bloomberg, not me. That's "ridiculously unrepresentative" photo is a screenshot of the Bloomberg news video that accompanied the article.
That's why I said "picture in Taro's post", not "Taro's picture" .
Here's the structure in question.
And if you look round far enough you can see some property belonging to my ex's family
inflames wrote:Land usage policies in Japan are terrible. Also, the government doesn't try to do anything with abandoned properties (such as seizing and tearing them down), so there are tons of eyesores.
I live in central Osaka and behind my building there are a few abandoned homes and I distinctly remember one place where the roof caved in.
IparryU wrote:If they would do this and just build wider properties and start encouraging companies to move to the outskirts a bit, we could have a really nice city.
But no... Not enough space...
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Coligny wrote:IparryU wrote:If they would do this and just build wider properties and start encouraging companies to move to the outskirts a bit, we could have a really nice city.
But no... Not enough space...
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Companies outside of cities... Yea maybe... If they could start with polluting industries first that would be awesome... Nagoya is a great joke for this... There's steel recycling/reprocessing plants in the middle of the town... It's like a nightmare, but more concrete... And in concrete...
And judging by history... Even a good carpet bombing can't fix this...
And the air quality inside the big T... Is a bit on the wtf side...
yanpa wrote:Edit: acksherly looking at Google Street View it looks like it's the last building standing in the way of a larger construction project.
wagyl wrote:The simpler explanation is that the owner of the building also owns the land and is just holding out to try to get a larger payment.
FG Lurker wrote:wagyl wrote:The simpler explanation is that the owner of the building also owns the land and is just holding out to try to get a larger payment.
Nope, because then he could tear down the building, or at least wouldn't care enough to spend money keeping it upright.
Keeping useless buildings standing is a very common tactic in situations like this. If the building comes down the balance of power changes in favor of the land owner. As long as the building is standing the building owner has more power than the land owner.
yanpa wrote:FG Lurker wrote:wagyl wrote:The simpler explanation is that the owner of the building also owns the land and is just holding out to try to get a larger payment.
Nope, because then he could tear down the building, or at least wouldn't care enough to spend money keeping it upright.
Keeping useless buildings standing is a very common tactic in situations like this. If the building comes down the balance of power changes in favor of the land owner. As long as the building is standing the building owner has more power than the land owner.
(Many months later) The tax on vacant land is much higher than if there's some kind of structure on it.
chokonen888 wrote:Hence all the parking lots popping up everywhere they tear down stuff? I was in Nakano yesterday and I swear I've never seen my Navi screen go so blue before. I couldn't even see the streets anymore there were soo many Parking lot marks on the screen.
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