Renting vs Buying a House in Japan (Is It Worth It?)

The age-old question of renting vs buying in Japan, in Tokyo… I am giving you a few pointers to solve it for your special case so that you can decide once and for all! We talk about the opportunity cost, the cost of ownership, using the 4.14% rule and property tax, maintenance, mortgage and interest rate and, of course, compare with rent.
And I am standing on the shoulders of giants who have done it before me (Humphrey Yang and Ben Felix). Tell me if you find it useful.
Here is the spreadsheet I showed in the video and that you can use for free:

Thank you for watching!

🔷 Video Highlights:
👉 Renting is easy to understand
👉 Taxes, maintenance and mortgages
👉 How to calculate the cost of ownership
👉 Let’s compare renting vs buying
👉 Other considerations about buying
👉 Renting has its advantages too

🔷 Keywords:
Real estate, housing market, financial freedom, foreign investment in japan, alternative investment in Japan, Tokyo real estate, Japan property investment, mortgage in japan for foreigners, real estate, investment, getting a mortgage in japan, mortgage advisor in japan, Tokyo mortgages, mortgage japan, mortgage for foreigners,

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🔷 DISCLAIMER: disclosure & attribution
I am just someone on YouTube so do your own research before investing into, subscribing to or buying any financial product and/or credit card, or entering into a contractual obligation of any kind. I am not a financial advisor and all the content in this video, and any other video on this channel, is not financial advice and is presented for information and entertainment purposes only.

[thejokerspeaks]

I bought a condo at 23, and a house 20 years later. My next goal is to buy a small 2nd home for my business so that I don't have to pay office rent.
I was shocked to see 1.5 hour tours of the Yokohama Bay offered for 1, 600 yen, that is unheard of here. I got so used to the cheaper food and drink prices in Japan, that it was equally stunned to see the inflated prices in the Honolulu airport! That is one thing I like about Japan, prices only seem to go up about 50% at their airport, tourists' destinations, or Disney Parks.

[johnpiroz]

Ownership is always better, but if can take a mortgage! Which is extremely hard to do in Japan for foreigners 😮