The reason houses in Japan are such a depreciating asset is due to the populatio... | Hacker News

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mbushey on Oct 18, 2023 | parent | context | favorite | on: Toyota Takes Aim at EVs with Ammonia Engine

The reason houses in Japan are such a depreciating asset is due to the population collapse. It's estimated there is a surplus of about 10 million houses.

lazide on Oct 19, 2023 [–]

That and culturally no one wants a 'used' house. They don't appreciate because a buyer is expected to tear down the old one, and so it's just in the way. [https://www.theguardian.com/cities/2017/nov/16/japan-reusabl...]

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