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saladdays • today at 7:31 PM • 2 replies • view on HN

Wow what is the story there? Like why Japan? I’m sure you’re learning a ton through the process.


Replies

justsocrateasin • today at 7:39 PM

Or maybe he's not, because the AI is handling it all.

intenex • today at 8:01 PM

Haha thanks for asking! A couple reasons - first and foremost, Japan is just awesome lol. I have a personal connection that's prominent in the fact that my wife is Japanese, but beyond that, there's a confluence of universally applicable reasons why buying a house in Japan is kind of an insane proposition:

Homes are insanely cheap and get massively devalued over timeframes that would be mindboggling to Americans. In SF, I live in a literally 110 year old home that's clearly breaking down in multiple dimensions and yet just keeps inexorably appreciating year over year and is now worth something like $2.5 million for a 2200 sqft place.

In Kyoto, the top contender we're looking at is an 832 sqft unit that was built in the 80s and newly renovated in the past few years and is...9.8 million JPY, aka $62,000. Literally less than a year of rent in my SF place can buy the Kyoto home outright lol.

Incredibly conveniently located, 6 minutes walking from Ogura station, and a ~20-25 minute ride from there to the heart of Kyoto - one of the most beautiful and iconic cities in the world, and you can get an amazing home outright for $62k there?

The exchange rate from USD to JPY makes this especially compelling right now, being at a mind-boggling high for the USD that, adjusted for inflation, makes the exchange rate almost the best it's been in half a century.

My wife and I also happen to get free flights so it's super easy for us to take a direct flight every month from SFO-KIX, which is what we're planning to do - basically spending a ~week here every month.

Japan as it stands right now is hands down the clear pareto frontier in terms of cost and quality of life - no other developed country comes close in terms of just how insanely affordable it is (a nice sit down meal literally costs ~$5-10 a person, especially with insane lunch deals at izakayas and the like - I've eaten sit down soba/udon meals that are 500 yen each, or literally ~$3, tax and tip included), and I'd argue no other developed country also comes close in terms of how nice life is, period, not even adjusting for price. The crime rate is literally nonexistent, everything is wildly clean, the public transit is unrivaled, the food is some of the best in the world if not the actual best, the culture is also world class, the heritage the same, the fashion the same, etc etc - basically everything is just better about Japan lmao.

Highly recommend everyone look into it if you haven't!

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