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Japan,houses Knocked Down And Rebuilt After 20 Years.

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http://ourmaninabiko.blogspot.com/2009/08/...veryone-go.html

came across this japanese blog on my travels.

Ive posted something similar previously from danny choo

http://www.dannychoo.com/adp/eng/515/Tokyo...y+Purchase.html

Housing in Japan is as alien to us as the rest of the culture

but if you dont want to buy try renting (hint, its a nightmare!)

http://www.dannychoo.com/adp/eng/1597/Japanese+Housing.html

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I know Japan quite well.

It doesn't just stop with houses. The thing is, that the land itself is the real asset in Japan, it really is a cultural thing

The whole shinto way is to regenerate, rebuild. There's no real affection for buildings but the Kami lives forever

http://en.wikipedia.org/wiki/Kami

Outside large Cities, families stay on the same plot of land for generations. These 100 year mortgages on the land make sense on this culture of stability

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Apparently they do a similar thing with cars (a very tight MOT?).

Anything to get some velocity into the economy.

I don't know how true this is in practice, just something I read in a Haruki Murukami novel.

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