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How an Average Family in Tokyo Can Buy a New Home

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  • How an Average Family in Tokyo Can Buy a New Home


  • #2
    So here's what Tokyo does right compared to Auckland (based on the video):

    - Has 10x more people per square kilometre (and that awful British city they compare it to for its lack of density has twice the density of Auckland)
    - Has a declining population
    - Has a weak economy with interest rates of 1%
    - Has zoning laws dictated by the national government rather than by local councillors voted in by NIMBY homeowners
    - Has multi-storey 3/4 bedroom homes on 80 m2 of land

    So really all we need to do here is get rid of the Auckland council and let people build apartment blocks anywhere they like to get to housing affordability. Once we triple the number of dwellings in any given suburb we're golden.
    Your Home Loan - Wellington Mortgage Broker
    [email protected]

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    • #3
      So really all we need to do here is get rid of the Auckland council and let people build apartment blocks anywhere they like to get to housing affordability. Once we triple the number of dwellings in any given suburb we're golden.
      Amen to that.
      Squadly dinky do!

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      • #4
        Thanks Michael, that brought back memories, 3 years in a small Japanese apartment- no footpaths on side roads, lots of powerlines everywhere.

        I lived in a rural prefecture and the rural decline was already causing problems in the small towns around us (and that was close to 20 years ago).

        Craig

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        • #5
          In Okutama (mentioned at 2:35) they will give you a house if you live in it - http://www.japantimes.co.jp/news/201...ract-families/

          Beautiful place, I camp there a lot.

          Anyway, property in Japan is about to get very cheap. The combined population of Dunedin and Tauranga dying every year, not to be replaced, and they already have a surplus of homes.
          Free online Property Investment Course from iFindProperty, a residential investment property agency.

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          • #6
            1 of their oldish laws from during their bubble

            was that vacant housing land was land tax - rated, at a higher amount than housing land with a house

            40 years later no one wants to knock down an old (50+ years old) house

            as to do so costs about $15,000 and from then on the yearly rate go up steeply

            old house removal is more economic as part of the build process for the new replacement

            but now with a declining population and more new houses being built every year

            the whole country, even tokyo

            is increasingly dotted with old fire traps, homes for rats
            have you defeated them?
            your demons

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            • #7
              Will be interesting to see what they do re their declining population.

              I imagine at some point they will do what every other country in this position does and import a lot of people. A growing population is the only way our economies work. But of course it's unsustainable.
              Squadly dinky do!

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              • #8
                in japan they don't build tiny homes on steel trailers requiring warrants + porta potties





                they build them on small sections, fully connected to services, about 10 on an eighth of an acre

                double stacked with a stairwell

                paid for by investors and rented for $250?pw



                councils here won't allow them

                but certainly it's what queenstown needs for its service industry workers

                dunedin + chch need for students

                and auckland needs for socially housing singles, solo mums + couples
                Last edited by eri; 28-01-2017, 09:19 AM.
                have you defeated them?
                your demons

                Comment


                • #9
                  Originally posted by Davo36 View Post
                  Will be interesting to see what they do re their declining population.

                  I imagine at some point they will do what every other country in this position does and import a lot of people. A growing population is the only way our economies work. But of course it's unsustainable.
                  it's slowly happening

                  esp. in regional farming areas

                  most? japanese country girls leave for a (single?) life in the bright lights of big cities

                  the guys who are left behind on the family farm looking after elderly parents

                  hit 40 and marry girls from poor families in south east asia

                  everyone's happyish

                  and it's next to impossible to pick-out spot their kids at school events

                  so the old men can pretend the sacred japanese gene pool isn't diluting
                  Last edited by eri; 28-01-2017, 02:54 PM.
                  have you defeated them?
                  your demons

                  Comment


                  • #10
                    Yeah funny how their still pretty xenophobic in the 21st century.
                    Squadly dinky do!

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                    • #11
                      Originally posted by Davo36 View Post
                      Will be interesting to see what they do re their declining population.

                      I imagine at some point they will do what every other country in this position does and import a lot of people. A growing population is the only way our economies work. But of course it's unsustainable.
                      They are doing it now, import foreigners (Reference: The Japan Times)

                      Love Japan, the population are the most graceful and considerate people I ever met on Earth.

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                      • #12
                        not sure the japanese are any more xenophobic than their neighbors

                        south korea - 44.2% of South Koreans reported they would not want a foreigner as a neighbor

                        thailand + china - foreigners can't own land

                        myanmar + nth korea - foreigners generally guilty until proven innocent and still cop a few years in terrible jails

                        presumably you could find similar examples for vietnam, laos, cambodia, philippines, hong kong, indonesia, malaysia, brunei, russia etc
                        Last edited by eri; 28-01-2017, 03:03 PM.
                        have you defeated them?
                        your demons

                        Comment


                        • #13
                          Originally posted by eri View Post
                          in japan they don't build tiny homes on steel trailers requiring warrants + porta potties





                          they build them on small sections, fully connected to services, about 10 on an eighth of an acre

                          double stacked with a stairwell

                          paid for by investors and rented for $250?pw



                          councils here won't allow them

                          but certainly it's what queenstown needs for its service industry workers

                          dunedin + chch need for students

                          and auckland needs for socially housing singles, solo mums + couples
                          so trailer parks essentially? (I'm not saying that isn't a good idea for queenstown)

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                          • #14
                            if council won't allow small, 22m2? with no balcony, studio apartments again

                            people will increasingly build trailerable tiny homes

                            and be looking for trailer parks to put them in

                            dumping the sewerage is always an issue, as is keeping them warm
                            have you defeated them?
                            your demons

                            Comment


                            • #15
                              Originally posted by eri View Post
                              if council won't allow small, 22m2? with no balcony, studio apartments again

                              people will increasingly build trailerable tiny homes

                              and be looking for trailer parks to put them in

                              dumping the sewerage is always an issue, as is keeping them warm
                              it used to be power, water and sewage were the big hassles, but power is sorted these days with modern solar + battery solutions. Water doesn't seem like too hard to solve for most. Sewage could be easily solved with a monthly pump out by a sewage truck?

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