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07-25-2011, 05:58 AM
I don't know the US market but on the whole house prices in Japan are far less than house prices in Australia. Or I should probably say land prices are far cheaper. To build a house from scratch building costs in Japan are a little higher but the Japanese don't build anywhere near as large houses as on average in Aus and frankly generally nowhere near the same quality either.
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07-25-2011, 05:20 PM
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is about $135,000. |
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07-25-2011, 05:35 PM
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And the second big question - would you want to live in a brand new house? Or be happy with a used house? If you want a new house in a convenient place in Nagoya - think around $400,000 and up. If you are happy living in out in the countryside in a house over 30 years old - you can find places for less than $30,000. Without far more detail as to where you actually want to live here... I can`t give you any accurate idea of the prices. |
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07-25-2011, 05:35 PM
Exactly. Usually, Japanese houses are not big enough to park a decent truck
Also, they are build ridiculously close to one another. I would never buy a house in a city in Japan. Common land parcel for building a house is 100 sq. metres. No thanks. |
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07-25-2011, 07:18 PM
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07-25-2011, 09:41 PM
The dollar is really sucking it against the yen right now so that's going to hike the price up as well. Why a house though?? I can understand for a family, even though a lot of Japanese families do live in apartments. You can usually get a nice apartment, good size (BY JAPANESE STANDARDS), mostly furnished, near a station and a short train ride away from a city center (except perhaps if it's Tokyo Tokyo) for around $1100-1200 a month utilities included.
If you don't mind furnishing it yourself, a bit cozy, living around 30 minutes away from a city center, and don't include utilities you can get it down to around $500/mo. Sorry don't know much about houses per se but figured you should have all cards laid out Latest Entry = Today's Journey (click) |
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07-26-2011, 05:52 AM
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As for used vs new - you`ll find that is a BIG DEAL in Japan. Most people do buy new here or build their own house. As a result, houses are usually only built to really last one generation (even if the house isn`t sold, the next generation usually tears it down and rebuilds). An older house also means less earthquake resistance. As a result, you can find old houses for sale at incredibly low prices... No one wants them, and generally consider them a nuisance - something they have to pay to tear down before they can start on their own house. Unless you are in Japan for the long haul, I don`t really see the point in buying a place. People don`t buy and sell regularly here, so if you buy a place you are not going to have an easy time selling it. People usually don`t move around once they have bought a home. I will also second the sentiment that it is not really necessary to buy a house... And wouldn`t buy a house in a city myself. Houses tend to have very small lots with little more than a parking space for a "yard", etc. We ended up buying a very nice condo with a huge (by Japanese standards) yard, very close to downtown Nagoya, for considerably less than a similar house would have been. |
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