Thursday, September 03, 2015

Your Home Is Your Biggest Investment

... and if you're in Japan*, that's not working out so well for you. Dig what's been going on with property values over the last 30 years in the Land of the Rising Sun.

Here's the article on Tokyo's growing inventory of abandoned homes that led me to search for this chart.

If my home's value was declining with no end in sight, I'd be pretty cautious about spending money, too. It wouldn't necessarily be a rational thought, it would be more resigned, inchoate despair.

* - Or, I'm sure, Germany, Greece, Russia, Spain, Italy... heck, anywhere they've decided that babies are an impediment to consuming more weed and porn.

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