What are the advantages and disadvantages of buying a house in Japan?

Whether it is cost-effective to buy a house in Japan and whether Japanese young people can afford to buy a house-of course, I will mention the shortcomings and advantages, good or bad, right or wrong.

1, "70-year use right" and "ownership" Because of China's special land public ownership system, you only have the right to use the land without ownership, and the right to use it is only 70 years-in other words, no matter how much money you spend on buying a house, it doesn't belong to you in the end, because the land is not yours. You can't let your house float in the air without using the land, can you?

Therefore, the private land system adopted by most developed countries, including Japan, has become one of the decisive factors for many China people to decide to buy real estate overseas.

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As you know, buying a house in Japan includes not only the permanent ownership of the house but also the permanent ownership of the land.

In the capitalist society where private property is sacred and inviolable, even if the state invests in the construction of expressways, it can only give way to private property without the consent of the land or house owners.

For example, Hanshin Expressway has to be built "through the building". . .

Even if the subway needs to pass through your underground, then they need to discuss with you. If you agree, then they are obliged to pay you the land use fee regularly. Because it is yours not only on the ground, but also at a certain depth underground.

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Due to the high status of private property, even the reasonable urban planning and layout and urban infrastructure construction "benefiting the country and the people" have to make concessions to private land.

Although this protects the rights and interests of individual citizens to a certain extent, it harms the interests of the state and more other citizens. For example, a district government in Japan wanted to build a park in this area, and finally had to give up the plan because the purchase of private land far exceeded the budget. So, does this harm the interests of other citizens who cannot enjoy this free park to a certain extent?

2. Assembling houses Assembling houses is what we call "apartments". Like apartments in China, Japanese people need to pay "management fee (property fee)" and "repair fund (maintenance fund)" after purchasing collective housing.

For earthquake prevention and other purposes, most common collective houses in Japan do not exceed 12 floors.

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Japan's real estate industry is extremely developed and mature, and the management club can manage the whole apartment in every possible way; The use of the repair fund is more reasonable and transparent. Not only should the fund balance be announced to the residents regularly, but also the use trend of the fund should be explained in detail.

Therefore, many Japanese buildings that have been built for more than 30 or 40 years are still strong, clean and tidy, in sharp contrast to many apartment buildings that have just been built for less than 20 years in China.

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The Japanese are not only cautious and strict with themselves, but also afraid of doing things that affect others; So is everyone else-maybe just because you walk a little louder, the residents living downstairs will complain to the management club about your "noise pollution".

Therefore, to buy an apartment in Japan, we must first learn to be as cautious as the Japanese.

Another problem that has to be mentioned is that the land area of collective housing belongs to the residents of the whole building. For example, if there are 50 families in an apartment, your land area is one fiftieth of the building area. Japanese real estate

3. Building a house by one family is equivalent to a single-family villa in China.

Many Japanese anime, such as the Nobi family in Doraemon or the Nohara family in Crayon Shinchan, live in a typical Japanese "single-family".

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There is no management fee, no maintenance fund, and you will not complain about your "downstairs residents" because of a little noise. No one can interfere with what kind of pet you want. You can have as much land as this building occupies ... everything is your own and you are extremely free.

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Without money, you naturally have to devote your energy: no matter what happens to the house, you have to repair it yourself, including mowing the lawn in your yard or cleaning up the snow and fallen leaves on the road in front of your house. In addition, a family building is not as easy to rent and sell as an apartment. If you want to buy it as an income investment, you need to think carefully.

Mortgage and interest are the same as buying a house in China today. Most Japanese also buy houses through bank loans.

The most common loan term in Japan is 35 years.

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The extremely low loan interest rate is the biggest feature and advantage of Japanese housing loans.

Compared with the domestic loan interest rate of 5%~6%, the loan interest rate of major banks in Japan is only between 0.7%~ 1.2%-if you buy a second-hand apartment with two bedrooms and one living room in a place twenty or thirty minutes' drive from the center of Tokyo, the monthly loan repayment may be only thirty or forty thousand yen-even cheaper than renting a house.

Moreover, more importantly, for Japanese people with good credit and stable jobs, many banks can buy a house with a "zero down payment", so some domestic media say that "Japanese young people can't afford a house" is sheer nonsense. It can only be said that in Japan, which experienced the bursting of the bubble economy, the number of people investing in buying a house has decreased. After all, once bitten, twice shy.

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Japan's major banks are extremely strict in examining foreigners' loans, and this problem is even more prominent after the 3. 1 1 earthquake in Japan. In the months after the 3. 1 1 earthquake, countless foreigners in China, including the Japanese, left their jobs and everything in Japan and fled Japan to return home without hesitation, making the Japanese aware of the "instability" of foreigners.

Therefore, foreigners want to apply for housing loans in Japan, or have a stable high income and work in large well-known enterprises such as Toyota Motor Corporation and Sumitomo Mitsui. Or you can only prepare to buy a house in full at one time.

5. Finally, regarding taxes, there are two kinds of taxes on house purchase in Japan as a whole, one is a one-time tax, and the other is a long-term tax.

One-time tax includes stamp duty, real estate purchase tax, etc. Generally, it will be paid within two months after the house purchase formalities are completed, and the total cost is about 6%~8% of the house price.

Of course, if your own conditions are superior, you can also negotiate with the bank like the Japanese, and finally calculate the tax into the mortgage to achieve zero down payment.

The tax that needs to be paid for a long time is the "fixed capital tax" paid once a year. The price of this tax generally fluctuates according to the size of the house and the land price where the house is located. Not too high. Before buying a house, you can refer to the capital tax paid in previous years.