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Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Contrarian opinion: buying a house in some states that are in decline will be one of the worst investments decisions any one can make. Some states in the U.S. are seeing the high end of the population leave the state, plus low natality rate and on top of that the real economy slow down. That’s recipe for a terrible investment
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shazow
@shazow.eth
You might be right but it's not reasonable to compare home prices in Japan to basically anywhere in the west. They are designed to have no long term value, to be deconstructed and rebuilt quickly and cheaply, also land valuation itself is quite different too.
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