Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

Download Table of Contents here.

Wednesday, January 12, 2011

Prospects for change

The Japanese political scene is looking pretty dismal. The nation's finances are in a tragic state, with the public sector deficit exceeding 200% of GDP. The good news is that this money is owed by the Japanese people, which means that the government need only extort the money from its citizenry, or more likely print money to pay it off.
Since Sept 2007, Japan has had 6 changes in its prime ministers. This does not auger well for political direction. What does the future hold for Japan? In all probability, the future of Japan might be sooner than you think. The Japanese people were once a proud people, but after 2 decades of stagnancy, we might ponder just how soon their tolerance will break, or how soon a young, charismatic capable leader emerges. More probable perhaps is the spectre of a 'false hope'; a leader who promises much, but delivers very little.
This is a theme we have discussed before. Historically, the Japanese people, a repressed culture, when they have augmented change, have done so with great gusto. I suspect we will see a revival, perhaps of the nature we have come to expect from Apple Inc....and still maybe from Microsoft. We live in hope. I have yet to see a leader conveying the required skills.

Saturday, January 1, 2011

Cheap thrills in Japan

Riding a bike is the cheapest activity to do it Japan. You might think that its hard because there is so much traffic, but in many respects its easier and more fun to get around than by car. I would find driving in Japan frustrating because of the slow pace of the traffic. The secret is:
1. Using pathways along rivers, drainage channels and parks. These paths can go for kilometres, e.g. Along the Arakawa River is the best way to get around Tokyo, plus the creek and main road at Nerima. Most main roads have paths.
2. Riding up mountain river valleys
3. Taking back roads

I even was given a very good mountain bike by going to the local recycling centre. The Japanese govt reclaims a lot of bikes abandoned at stations. Japanese abandon them, so that is where you can find them. I got mine from a suburban fringe recycling centre in Saitama.
It is amazing where you can find mountain biking trails. I found a really good one near Ranzen-machi in Saitama. It runs along a mountain range before dropping down to a road, then along the side of a golf club, another saddle, then down a creek bed. You can of course ride around rice padis or a long rivers in rural areas, simply by packing your bike into a bag for the train. This makes sense if you want to rail to a location and drive back. Make it a real challenge by taking a GPS and going 100-200km away. See if you can find your way home.

I could almost turn this into a sport. Cross-country riding around Japan. All it needs is a website where people can go for GPS coordinates, places to stay for cheap, good bars. Nice website idea. I'll do the website if someone helps me on the content side. I already have GPS coordinates for about 30% of JR railway stations after using several Japan Rail Passes.

Thursday, November 25, 2010

The low cost and benefits of property in Japan

One of the appeals of having a house in Japan is the low cost of maintaining it. I paid just Y2.8mil for a house 1 hour from Tokyo, and 7kms (i.e. a bicycle ride) from a major station. The house is by no means a great house. Its traditional in style, 5br, it has a standard amount of land, its 18yo, but its close to Tokyo and it was very cheap. The other appealing aspect it had for a holiday house is that it costs me only $300 a year in local govt taxes. I pay no other charges. Japan is so safe I do not even both insuring it.

Compare that with say NZ...which is by no means an expensive place to buy property, and the cost of a basic house 1 hour from the city would be $150,000 minimum, and I would be lugged with land taxes of around $NZ1,000 ($US750). I would need to ensure it, I'd need to mow the lawns, I'd need to have someone watch it. None of this is necessary in Japan.

I bought my house below land value because of its location and 'apparent' condition. It was a place I could store stuff, work from when I visit Japan in Spring/Summer. I get the benefits of being a tourist - namely the Japan Rail Pass - but I also have a place I can work from for 3 months, before I skip over to Korea/HK/the Philippines with a discount airline, or a base from which to travel around by rail pass. Importantly, there is a great deal to see in Japan, and I never get sick of the place. The railway is so efficient, I can shoot up to northern Honshu on a shinkansen, then explore the regional areas on the local trains, and be back in my house to sleep. I don't even have to rent a room. Hokkaido is a bit far to do this.....and of course I sleep out if going into more remote areas.
Contrary to popular belief...Japan is not simply an industrial wasteland. I think you could argue that it is architecturally homogeneous, but it is culturally interesting...that's an understatement...and it has some of the most beautiful natural landscapes anywhere. It has appealing village and city cultural elements....which will fascinate all. I have seen the most ardent 'redneck', truckie, KKK-lifetime member-types transformed by a visit to Japan. They really did not expect it to be as it is. They are accustomed to those silly, giggling girls that travel to their home country. There is more to Japan. I think its an opportunity more than anything else to observe a different perspective or display of differing human values...regardless of how sick or distorted those values might be.
Nope...I am not a fan of Japanese values. But then, neither are a great many Japanese...though they don't have the intellectual skills to understand why....well, except for 0.00011% of the population....who never developed a personal identity, i.e. egoism. There are the exceptions. I have met Japanese people who are more American than Americans.

Monday, November 22, 2010

Japan extending the working years of their slave labour force

Japanese robotics herald the way of the future. Are you worried that your bones are not as nimble as you would like; that you can't walk after a spinal injury, or that you might lose your job as a nurse because the patients are too heavy for you? Are you wondering when Schwarzenegger will be back?
Wait just a little bit longer. The movie will one day be a reality. The concept of Robocop is taking on new life in Japan, where bodily movements are used to instruct robotic limbs to move, and in the process to deliver strength to those who currently don't have it. A person might ask - where will they draw their power supply from? Maybe there will be circuitry in hospitals, etc. Check out this video. Personally, I await the day when Arnie will be beat up by an old Japanese geriatric patient. I'd pay to see that movie spoof.
In any case, this guy might be one of the few Japanese people who like their job.


This is far better than the technology I saw modelled by NZ academics working on the same theme. Their robot was so slow and cumbersome.

Friday, September 17, 2010

Japan's Democratic Party - new era?

The Democratic Party of Japan (DPJ) has retained Prime Minister Naoto Kan as the party leader, leaving faction heavyweight Ichiro Ozawa in the cold. This is old news. The party last week had a party meeting to test the popularity of each leader in the party, and Kan retained his winning lead, largely due to the lost credibility of Ozawa, in response to corruption links.
Just yesterday, Kan announced that he had appointed a new cabinet, which included 10 new faces among the 17 members. It is noteworthy that the new team will result in a weakening of Ozawa's power in the cabinet. It will of course mean a fresh start for Kan, and possibly the start of a new era if he can restore confidence in the party.
Refer to the Japan Times for the full story.
Recently we reported on a different path to reform in the Liberal Democratic Party. The LDP has experienced an increase of MPs migrating to new parties. This break up of old political ties is destined to create all manner of new relationships, both with the main LDP party, and perhaps even with the DPJ. This could see some of these smaller parties controlling the balance of power. It should assist the Japanese parliament find some new leadership talent.

Tuesday, August 18, 2009

Japan's Miss Universe candidate

Last year I surveyed the Miss Universe candidates because one really does get a sense of national values from the candidates that each countries put forward, particularly those from larger countries with more entrants. Perhaps the most disappointing candidate this year comes from Japan. I believe she got the lowest score at 1.9/5. This does not just reflect on the girl, but on the Japanese judges who assessed her to be the best candidate. In any respect, you can hear her response to questions.

Wednesday, October 1, 2008

Japanese man put-down

Its interesting dealing with Japanese men; though I can't say I have strictly had any relationship with any. I've shared an apartment with one, talked to heaps, but with the exception of a few old men I've met with overseas experience, I can't say I'd want to be friends with them. One Aussie girl I used to work with had a pretty cool Japanese BF. My brother recently married a Japanese girl in Japan, and I was surprised that all her brother's friends were really cool! Having been married to a Japanese girl myself at some point, this was not the first wedding I went to without some form of prejudice. Usually its older arrogant men from the countryside. But if I was to sum up the attitudes I have crossed, its the following:
1. Cultural put down: Many Japanese guys like to put down my country because we are a small population. It does like this... 'Really..you are from Australia? Oh. Kangaroo, koala..he he. Really amusing when it happens several times in the same bar.
2. Nice guy put down: This is when strangers want to do nice things for you. e.g. A Japanese person is at a vending machine before you. He decides to give you a free drink. Maybe you are thinking..nice guy. Nope, arrogant dick. He did it because generosity is a sign of superiority in Japan. Older men treat younger men & women to drinks because they are arrogantly superior. The young Japanese employees or girls just like to get free drinks and take off, unless they feel compelled to be polite. One Japanese guy told me he had to pour his bosses drinks all night, at every session of weekly Friday drinks, but he was pleased to get free drinks none the less.
3. Runnaway Dave: These are the ones that wait until they pass you before they have their snickering joke with their disabled mates.
4. Throw Up Tom: These are the guys who carry on all the time and get excessively drunk, or pretend to, and then drop up anyway just to prove they are men. When he gets older, he is likely to require a loan from his parents to pay for the damage he did to your apartment because he drank & drove, drank more and fell asleep smoking a cigarette. Oh, and you had to drive him to the hospital to sew his burnt hand back on.
5. Silent Sam: This is the type of Japanese guy who is very quiet and just wants to take-take-take. Mummer's boy to be sure. Very insular, so very hard to relate or get humour from these guys. They are generally honest though.
6. Sly Stud: Stud is the guy who charms the lady and has a lot of confidence. He is usually successful in business and plays around with married women.
7. Working Jay: Jay is a son of the company president. He feels a great sense of obligation, so he feels obliged to work as hard as his father. He eats and drinks at the bars, often by himself. He has dates organised by his mother because she is concerned he doesn't eat well, and he needs to settle down. He probably has the most tragic sense of life.
8. Prancing Pete: Pet also has wealthy parents, but Pete can't stand to be around his parents because they are so pushy about him being a real man and facing up to his responsibilities. Instead he works a part time job selling cell phones in the city, or goes abroad and works in a Japanese call centre. He is gay or close enough, which is just another element of his 'tough dad's disappointment.
9. Korean Ken: Those tough minded men which remind you of tough-minded Korean men, through whom ideas will just not permeate. Ken is this type of man that Pete wants to escape. He is often a farmer, construction worker, lumberjack or real estate agent.

Ok, so let me identify the positive experiences with Japanese men:
1. Teddybear Ben: There are those old Japanese men who are soft, gentle and friendly. Nice people, often educated, often engineers.
2. Countryfolk: I have had some very positive experiences with Japanese country people. A lot of them have not had much interaction with foreigners, so they won't speak much English, but you can have a lot of fun over a few beers.
3. Suicide Joe: This is the guy who tells you his life story, how unhappy he is, how lucky you are, and just appreciates that you spent 30 minutes talking to him.
4. Downsyndromes: These ones tend to be confined to the outskirts of the cities, I guess where its cheaper and less possibility of a drive-by. All types of weird people on trains in Japan. Never had an experience like it. They are included in the census so we include them here. Not among my friends but good to observe.
5. Tecky Ted: Ted is the guy who wishes he was an American, or might be properly be identified as one. These are the types who are the most interesting to talk to because they don't possess the collectivist identity that maligns other Japanese men. They account for the creative, conceptual genius behind Japan, and highlight the point that if you have a population of 95 milliob people, you are bound to get a few hundred thousand ones like Ted. Great for a chat, and the only typecast I can respect.
6. Bureaucrat Bob: Bob is a very rigid fellow, very shy, no chance in hell of getting a girlfriend. He wants to be a computer programmer but spends only 1 hour a day studying compared to 8 hours for a housewife. He speaks like an android and wears all his buttons up, and he runs to the station at 5am so he's not late for work. And he liked Japanese history and literature. He just loves Japan because there are rules that he can count on. He'll never leave the country unless its to find a wife in the Philippines.

Well I wish I was joking, but this is the summary of the types of men I have met in Japan. Am I missing anyone?
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