Have you ever heard that Japan’s houses only last 30 years? Is it because of earthquakes, Japan’s love of new, clean things, termites, humidity, population decline, or bad construction materials?
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Sources
🛈 30 year building shelf life – http://www.japantimes.co.jp/community/2014/03/31/how-tos/japans-30-year-building-shelf-life-is-not-quite-true/
🛈 Great Kanto Earthquake – http://www.metro.tokyo.jp/ENGLISH/ABOUT/HISTORY/history01.htm
🛈 Earthquake building codes – http://japanpropertycentral.com/real-estate-faq/earthquake-building-codes-in-japan/
🛈 Lifespan of homes – https://www.ft.com/content/d95ea1f6-5512-11e4-b616-00144feab7de
🛈 Secondary market for home sales – https://www.ft.com/content/d95ea1f6-5512-11e4-b616-00144feab7de
🛈 Japan Real Estate Institute Website – http://www.reinet.or.jp/en/
🛈 Inflation-Adjusted Japanese Land Prices – http://www.nri.com/global/opinion/papers/2008/pdf/np2008137.pdf
🛈 Vacancy in Tokyo – http://nbakki.hatenablog.com/entry/The_Number_of_vacant_Houses_in_Tokyo_2013 and http://www.toukei.metro.tokyo.jp/kurasi/2016/ku-03.htm and http://www.e-stat.go.jp/SG1/estat/XlsdlE.do?sinfid=000031375040
🛈 Vacant and abandoned homes in Japan – http://www.japantimes.co.jp/community/2015/03/06/how-tos/cheap-rural-homes-come-price/#.WHVhxLZ95E4
🛈 Types of homes that are abandoned http://www.japantimes.co.jp/community/2012/12/04/how-tos/japans-part-time-landlords-are-overestimating-single-tenant-needs/#.WHVhybZ95E4
🛈 Vacancy rate in the 23 wards of Tokyo – http://www.japantimes.co.jp/community/2016/07/02/how-tos/rise-vacancies-wont-mean-drops-rent/#.WTBJj2jytPZ
🛈 Japanese population graph – By Demmo – This diagram was created with gnuplot., Public Domain, https://commons.wikimedia.org/w/index.php?curid=8003944
🛈 Japanese low birth rate – https://www.nytimes.com/2017/06/02/business/japan-population-births.html?mcubz=2&_r=0
🛈 Japanese immigration – https://www.nytimes.com/2017/02/10/business/japan-immigrants-workers-trump.html?mcubz=2
🛈 Tokyo Population http://www.metro.tokyo.jp/ENGLISH/ABOUT/HISTORY/history03.htm
🛈 Tokyo and Japan population declining http://www.metro.tokyo.jp/ENGLISH/ABOUT/CITY_VIEW/FILES/24_CITYVIEWTOKYO.pdf
🛈 Life expectancy – https://www.ssa.gov/oact/NOTES/as120/LifeTables_Body.html
🛈 US Housing Vacancies – https://www.census.gov/housing/hvs/index.html
🛈 Montreal c1900 By Jackson, William Henry – https://commons.wikimedia.org/w/index.php?curid=1929211
🛈 Earthquake Brick House – By Nabin K. Sapkota – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=39888719
🛈 Tokyo Firebombing –
https://commons.wikimedia.org/w/index.php?curid=1311305
🛈 Great Hanshin Earthquake – By Masahiko OHKUBO from Kobe, Japan – #19950117 Great Hanshin-Awaji Earthquake (HD), CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=48171734
🛈 Termites / White Ants –
https://commons.wikimedia.org/w/index.php?curid=8308277
🛈 Abandoned Home Japan – By VoyagerMU, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=54322037
🛈 Housing Units Vacancy in first quarter 2017 in the United States – https://www.census.gov/housing/hvs/files/currenthvspress.pdf
🛈 Map of Japan and popular cities – By Antonioga – Own work adding cities on this map., CC0, https://commons.wikimedia.org/w/index.php?curid=46741412
🛈 Prefecture of Tokyo – By T.Kambayashi, OpenStreetMap [3] – OpenStreetMap [1],Ministry of the Environment Government of Japan[2],, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=22745812
🛈 Supply and Demand Graph – By SilverStar at English Wikipedia, CC BY 2.5, https://commons.wikimedia.org/w/index.php?curid=4681584
🛈 Supply and Demand Graph (More Supply) – CC BY 2.5, https://commons.wikimedia.org/w/index.php?curid=11044484
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