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Except for housing which in Japan is only expected to last for 30 yrs and who's value is like a car, the moment you buy a house it's now a "used house" and from their the price goes down.

This is primarily for the large cities and surrounding suburbs. Smaller cities and rural areas have many homes with significantly longer lifespans.

But totally not the case in American cities, where century plus old apartment buildings and houses are totally normal

In Australia, homes for the median house are tightly bound to land value. The house on the plot almost doesn't matter. The expectation is that land value will always go up as well. It means you can find used, run down houses selling for the same price as a brand new house next door. It's really strange. The value of housing isn't at all tied to it's usage as a home, but as a vehicle for investment.

They also build houses insanely fast too.

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