House Value

House Value

In Japan, a home loses value from Day 1, losing half its value in 10 years and becoming almost entirely worthless in 25. When a property is sold, the existing house is almost always razed and rebuilt. Even the most important shrines in Japan face regular rebuilding.

Previous Fact Next Fact
Categories: CountriesFinance

Latest FactRepublic Video

32 Incredible Easter Eggs You Missed in Harry Potter Movies