How much do houses in japan usually cost? -

How much does a house in Japan usually cost a foreigner? (in yen or in U.S. dollars)

There is no cost difference of houses between for Japanese and for foreigners. You can buy a house just as Japanese buy it. As another says, a new house costs $400K or more in Japan. But if you want to buy used ones, it could be cheaper. Value of a house will decline in Japan as it gets old. And overall real estate price will decline in the future because of population decrease.

There s no difference if you re a foreigner but the banks won t lend to you if you haven t got permanent residency. Prices start at 18 million yen for a secondhand reconditioned house, 25 million for a new house at about 75 square metres and 44 million yen for the type of house that will see you through bringing up a family. Japanese houses devalue to the value of the land within 10 years so a 25m yen house is 15m yen in 10 years. This means you can t move house without making a big loss for 16 years (when your asset (house) equals your debt (with the bank) ) This sucking of wealth out of the economy is the reason (I believe) that Japan will never experience inflation until it has to play catch up with China.

Most foreigners rent in Japan. And for that, you can expect to pay the equivalent of what you might pay for rent in the US, with the main differences being: 1. The rental will probably be completely renovated when you move in. New tatami flooring, new walls, etc. 2. The space will be much smaller. 3. The deposit money is enormous. In many areas there are several kinds of deposits that are required to move in. When I lived in Japan, I had to pay $10,000 USD just as a deposit. After that I paid about $1000 USD per month. To buy a home is going to be a similar cost to what you d find in the US. In saying that I meant that the market varies greatly depending on the home and location. Something in Osaka or Tokyo is likely to start at $500,000. USD The unfortunate thing about buying a home in Japan is that they NEVER appreciate in value like they do in the US. So once you spend that money, don t plan on getting it back.

It depends location, size, accomodation etc. What do you think If you are asked how much do houses in USA usually cost ?