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@arcticwind I bought my condo in Osaka, so I'm not familiar with Tokyo prices. I can say though that currently my condo is indeed worth more than I bought it for. edit - my building depreciation is lower than the appreciating value on the plot of land allotted to me through ownership.

@arcticwind I bought a 42 year old condo specifically because of the weird economics around Japan's condo depreciation. I didn't believe it myself because it doesn't really make sense from my perspective, but multiple realtors broke down the depreciation over time and it seems that condos...