[dirtybob]

Hey all, been lurking a reading for a while and thought i would pop in with a question about real estate in japan.

I've read from many different sources that the depreciation in japan is pretty bad when it comes to buying a home/condo. How exactly does that work?

You buy say a 4 unit building for 4,500,000 yen, and the next year the building worth less, lets say 4,300,000 yen. Does that mean the rent also goes down per unit? Those numbers are just off the wall i know, just made them up for an example.

Im having trouble with that whole concept. Are remodels the key to keep the value of the property up? It just seems that with the loss of value in buildings that every place would be vacant. I know thats not the case, im just having trouble wrapping my mind around it.

Does the rent for the units stay the same for X amount of years until the place is run down and then rebuilt/remodeled?

any ideas?

DB