rethinktokyo.com

LkaKv TIL the average house in Japan depreciates to almost ¥0 after 25 years.
6E4rW TIL in Japan, a home loses value from Day 1 — losing half its value in 10 years and becoming almost entirely worthless in 25. When a property is sold, the existing house is almost always razed and rebuilt. Even the most important shrines in Japan face regular rebuilding.