I see news sites that says that the price of properties in Japan falls after 30 years to almost 0 and also many people on r/japanlife tell anecdotes that their houses and apartments lose value since properties in Japan lose value over time but my question is , literally all the properties in the centers of Tokyo have not stopped going up, even the most horrible apartments and houses you will ever see with only 15-25 square meters and older than your grandma are sold on suumo quickly by price not lower than 1-1,5 million yen per square meter in areas such as the districts of Chiyoda, Chuo , Minato, Shinjuku, Bunkyo, Shibuya and even if you don't like central Tokyo and think it is too expensive to buy property, even those districts far from central Tokyo, such as Hachioji, Edogawa, Setagaya, Toshima, Mikata, Koto and Musashino Kichijoji, They continue to increase in value. What type of house or apartment are these people even buying and in what area to lose so much money, I mean I don't think they are really buying houses in the middle of rural Japan or small cities with less than 1 million people because even with only 5 minutes of Google search, you will find that the Japanese government says that it is illegal to remodel your house in there and there will be no services in the future in these areas due to the low population.
Is it like when people say that the last few years have been bad for investing and have lost money investing even though the S&P 500 index literally gives a gain of +17.6% per year in the last 5 years?
by Renzo100