Quote:
Originally Posted by BokiB
When buying a house in Japan, you need to keep in mind that the majority of houses bought in Japan are actually brand new (I believe something like 80%)
So you might have difficulty selling your house after a while...
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excuse me. what do you mean? do you meanif you buy a new house you will have difficulty selling it-- Or if you get an older house you will have trouble selling it.
I was told that many new houses built from a special timber that is very expensive cost a great deal of money.
Are they built to last and survive earthquakes etc.
also I heard that often mortgages are so high that often when the owners pass on-- their family still have to carry on paying the mortgage.
I wonder how difficult it is to actually get a mortgage on Old Property as against modern property.