NEWS
Japanese property investment – what to watch out
Japanese property investment has been increasingly popular among foreign investors in recent years however, a lot of people interested in the investment who hasn’t done so has one big common concern….Earthquake.
Sure, if you remember what you saw on the TV after the 2011 earthquake in northern part of Japan, it does scare you and you may think your property will be nothing but mash and garbage which will worth nothing at all.
Don’t worry, this will not happen to most of the buildings as long as they have appropriate seismic strengthening (built after 1981). However there are indeed, types of building which will be nothing but bunch of wood-chip if big earthquake hits.
Over 90% of the wood made residential structure with less than 2 story is prone to a major earthquake – there is a very likelihood that a structure will collapse.