The Real Costs of Buying and Selling a Home in Japan
Homes in Japan are some of the cheapest in the world according to the Organisation for Economic Co-operation and Development (OECD). However, residents still spend, on average, 22% of their total income on housing. Buying a home instead of renting might improve your lifestyle, but in my experience, it is hard to make a profit. Let’s talk about why you need to be extra careful when deciding on one of the biggest and most important financial decisions of your life in Japan. Making the decisionMy wife and I were both sick of our crumbling, semi-detached, two-story rental house near the train trac...