That’s a 3.5k shed with no utilities is probably why. Running power, gas and plumbing to that place would cost more than a town of houses.
A lot of homeless people would love for there to be more “sheds” on the market. US citizens just seem to think it’s better to have no home at all, than one that isn’t up to snuff, so they make sure cheap sheds are not up to code.
I highly doubt homeless people would want this home, based largely on location. Getting between there and town would suck…
Yeah squatters are so picky. Not much is better than pavement and fresh air.
What they need is housing in urban or suburban areas, not abandoned structures in the middle of nowhere.
No apparently what they need is absolutely nothing. Because that’s what you wise motherfuckers have concluded they should have.
I wonder if there are soot sprites in the attic. Is there a giant camphor tree nearby?
You’ll see all sorts of crazy shit breathing in the toxic mold that’s in the attic.
Because they won’t sell it to a foreigner. It’s not exactly legal but they won’t sell anyway.
Unless you lawyer up beforehand.
Are you saying this particular house or in general? I live and work in Japan and bought a house a year ago. I actually looked at the property linked or a similar one, but noped out of it.
A lot of these are sold by real estate companies that take 100% commission for customers who just don’t want to pay the taxes on it. They couldn’t care less about if you are a foreigner. The local government however, may place restrictions to prevent you from just making it an Air b&b.
Legally, you need to have a minpaku license and other things to make it an AirBnB anyway.
they do for a lot of them, it’s money going in to their country. Getting the rights to live there is a different matter though.
As others in this thread have said, buying a property in Japan doesn’t extend your Visa or grant you residence in the country. This would be a waste of time if you didn’t already have that lined up. However, there are countries that do. Some have what’s called the Golden Visa program, or Investor/Real Estate Visa program (there are other names, but if you’re doing a search, this should turn up decent results). Here’s a list of some countries that do this, and the minimum amount you need to spend.
Portugal - Golden Visa Investment - €500,000 ($540k USD) or €350,000 ($380k USD) for lower population areas, or properties that need to be renovated Residency benefits - Residency permit for 5 years, with the opportunity to apply for permanent residency after that
Spain - Golden Visa Investment - €500,000 ($540k USD) Residency benefits - Residency permit for 1 year, renewable as long as you own the property, and you can apply for permanent residency after 5 years
Greece - Golden Visa Investment - €250,000 ($270k USD) Residency benefits - Residency permit for 5 years, renewable as long as you own the property, and you can apply for permanent residency after 7 years
Thailand - Thailand Elite Visa Investment - THB 1,000,000 (about $30k USD) for a 5 year Visa Residency benefits - Renewable every 5 years with no residency requirement
Ecuador - Investor Visa Investment - $42,500 in real estate Residency benefits - Grants you permanent residency
Malaysia - Malaysia My Second Home (MM2H) Investment - RM 1 million (about $240k USD) in real estate Residency benefits - Grants you a 10 year renewable Visa
Philippines - Special Resident Retiree Visa Investment - $50k in real estate Residency benefits - Grants you permanent residency
When I was looking into bailing on the US, I made a Libre Office spreadsheet with like 70 countries and all this info plus a bunch of other personal requirements for what I was looking for, so some of it may be outdated. Hell, some of it may be straight up incorrect, so feel free to double check it.
That’s… shockingly affordable if you already have equity in some real estate
Portugal doesn’t have a property based golden ticket visa as of October 2023 due to concerns that it was affecting real estate prices in cities like Lisbon and Porto. But you can still donate 250K euro in cash or invest 500K euro in a local business that leads to job creation (among a couple other investment options). Another option for Portugal is the D7 visa, which requires you to live in the country 6 months the year for 5 years, but requires foreign income of 10K euro per year. Either way, after 5 years, you’re eligible to apply for citizenship.
Thanks for the info! I was unaware of the Spain and Portugal options, so looked it up.
Spain ended their program in January, with application deadline April 3.
Potugal ended their real estate version, but still has investment options.
Yeah I figured things would be changing soon.
Because you have to pay taxes including the very incredibly expensive purchase tax and annual property tax. And you lack a visa.
I can imagine this would make your taxes wacky
I’m sure you could find a cheap condemned shit hole in your nearest rural area too. That doesn’t mean that it’s a good deal.
It’s so cheap because the current owner doesn’t want to spend the money on demolishing the structure before selling vacant land. And if it is still available it is because no developer has looked at it and thought that they could make money on the flip.
That place is abandoned likely because the farmer who lived there died or went into a senior care facility. There are houses like this one all over the world in rural areas and I can guarantee two things: poor infrastructure and septic tanks. The reason it’s cheap is because no developer wants an undeveloped lot.
Also watched a video about a $4K unit in tokyo because you are literally not allowed to renovate it.
Do you remember the title of that video? Even if it’s got concrete floors and walls you’re not allowed to cut, I’m surprised if you can’t improve it enough to sell for more than 4K.
Can confirm.
There’s properties about 2 hours drive from where I am in Western Australia that are unsellable.
There would’ve been 100 people living in a community there in the past but now it’s just a few old people waiting to die.
When someone does die the houses just end up being abandoned because you can’t even get an agent to drive out there and put up a for sale sign.
The interesting part about a bunch of the homes in more rural Japan is that they’re not actually condemned or shit holes. They’re old and would definitely need some love and attention but their population hasn’t been at replacement levels for a long time and people would rather live in a big city where they have access to all of the things so slowly and steadily the outer Fringe population areas in Japan have ben getting more and more empty leaving perfectly good houses to sit vacant for years. That’s not to say that there aren’t shit holes that aren’t worth the time it takes to go see them but a large portion of them are actually quite nice.
There are no visible electric or telecom lines running to the house which means they have a generator for power And no communication. And it looks like it might not have a poured foundation although I’m not sure about that.
But the farmer who lived there didn’t need those things. Someone who plans on working from home will need such things.
I know Japan is redoing it’s electrical system to have no overhead lines of any kind so when earthquakes hit there’s not live electrical lines dropping on people.
Either way the point isn’t that this specific house is or isn’t a shit hole, it’s the idea that any house sold for so cheap must inherently be a shit hole. It might be, but the situation in Japan is different than the situation here because of aforementioned population decline and condensation into cities. There are many challenges to buying a home in another country not least of which in Japan is gaining the right to live there permanently, but as long as you do the work to ensure you know what you’re buying and that you can live there safely and legally once whatever works needs done is done, there’s no reason to assume a home like that in Japan is 100% a shit hole by nature. Especially since technology has advanced to the point that power and telecommunications don’t require a direct line anymore to be effective and affordable. Solar power and wireless communication is only getting better and better. Again, I’m not saying that house specifically couldn’t be a shit hole, I’m saying that in Japan specifically there’s no reason to automatically assume it is one. It will have problems but that doesn’t mean it couldn’t be worth it if you did your research.Your knowledge is impressive but my guess is that they are still using above ground infrastructure in rural areas because of the high cost of underground infrastructure. Underground lines are usually reserved for cities where they can serve a large number of people and their cost is warranted. But you are probably right about rural areas using off-grid tech, like satellite and solar. But things like home batteries are quite expensive. So those are added costs which drive up the expense of living off grid. But my understanding is that Japan is not very welcoming to foreigners. But you could buy a very similar house in a rural area which caters to foreigners, like in Portugal, Spain, Italy, Thailand, etc… and and do the same thing with fewer bureaucratic hassles.
Tons of places like that in Michigan, Ohio, Pennsyltucky, and all over the Midwest US. My girlfriend was scrolling through them talking about selling her house and buying one of those places on a big plot of land and thank fucking Jeebus I talked her out of it. I was like “babe, have you never seen the cinematic masterpiece ‘The Money Pit’ with Tom Hanks?”
Two weeks…
My husband occasionally talks about the same things. There’s no way of making real money out there, and there’s no way I’m living in a small town/city ever again, unless a high six figures job somehow hinges on it.
If I never had to work again and I was single, I would gladly live out in the middle of nowhere like a hermit. I hate almost everything about city life.
because it’s falling apart and needs a lot of investment to renovate and make it habitable.
I’d have to be near retirement age while still nimble enough to renovate it and hope my pension and savings would be enough to cover the costs.
Even then, it would be difficult to navigate renovations in that environment where you don’t speak the language, have no idea how their houses are supposed to be built, waste disposal and the myriad of other issues that will surely arise.
Getting a job is going to be a bitch - thus the retirement age requirement.
Getting citizenship is going to be an even bigger a bitch.
I’d be an outcast cause of my skin color and inability to communicate.-
ghosts
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Chances of being isekaied are much higher immediately after moving to Japan.
Why are you listing benefits? They asked why not.
:P
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Hey if this also gives me a path to residency…
It doesn’t.
FUCK
Because Japanese visa will never allow for you to live there
You can get 180 days total per year in two sets of 90 so to live in this house you’d have to:
- live there for 3 months
- leave Japan
- live there for 3 more months
- leave Japan for 6 months and have someone look after your house.
This is no way sustainable not to mention as a tourist you wouldn’t have access to anything that requires full residency which is very complicated.
You can get long term visa like education or business investment or work permit etc but those are really expensive and can be very hard to get.
logan paul entered the chat
Good luck with the yokai
I am the yokai
