Read Post
Wed, 18 Dec 2024 06:19:03 -0800
whiteguyinchina from private IP, post
#15998128
/all
A Gen X couple bought an abandoned house in Japan for $23,000. They're restoring
it as part of their retirement plan.
https://www.businessinsider.com/gen-x-couple-bought-abandoned-house-japan-akiya-restoration-retirement-2024-12
Again? What's up with these articles?
For many of them, it's more affordable to own an akiya in Japan than to own real
estate in their home countries.
Even though housing is unaffordable in their home countries, we should still be
happy we can afford an abandoned house in another country?
Wed, 18 Dec 2024 06:21:44 -0800
Andy from
private IP
Reply #12715387 Why do people feel a need to do
this? I know a couple who did the same thing recently, and they claim to be
planning to own the property as a rental. But why would anybody rent a house in
Japan when they can find an abandoned one for less?
Thu, 19 Dec 2024 07:30:22 -0800
whiteguyinchina from private IP
Reply #13434533 They are from Brisbane, which is
a place people are trying to retire TO. I guess if you are going to do anything
you can do that in retirement. Not sure why business insider pumps these stories
though. Too poor to retire in America? Don't fret, you can buy beachfront
property in madagascar!
@15998128 Andy 🥺
Replies require login.
