Sort:  

I don't know how common such a thing is in Japan. Houses here typically have no value. As such, the used house market is almost nonexistent. Everyone buys the land and builds their own house. It's tremendously wasteful, but it is the Japanese way.

actually that doesn't sound wasteful at all - I like the idea of building you own house on your own piece of land - It's something I hope to do someday - would love to build a cabin in the woods.

Sorry, I didn't make it clear. It's not the building that's wasteful, it is the destroying what was previously there. Even houses that are still perfectly livable will be torn down so the next person can build their own house. That is the wasteful part.

Oh .. well that changes things .. it does sound a bit wasteful when you put it like that.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 60309.45
ETH 2701.35
USDT 1.00
SBD 2.48