Besides a booming stock market, Japan's houses are big, cheap, and tranquil!

Aisatsu Mooers!

As strong as the U.S. economy, Japan Property is probably the best investment in 2023.

Why? Here are 4 reasons as follows:

1. Japan's economy is booming, with the Nikkei 225 ( $Nikkei 225(.N225.JP)$ ) YTD of 28.51%, much higher than the S&P 500 ( $S&P 500 Index(.SPX.US)$ ) YTD of 15.91%. Both values are as of 15 Sep 2023. Even Warren Buffett, via Berkshire Hathaway ( $Berkshire Hathaway-A(BRK.A.US)$ , $Berkshire Hathaway-B(BRK.B.US)$ , $Berkshire Hathaway 13F(BK2999.US)$ ) has increased his holdings of Japanese stocks (*1).

2. According to cnbc.com, 33-year-old Lee pays “well under” $750 for the main farmhouse and co-working space, which sit on a property measuring a total of about 100,000 sq. ft (*2), which is about 9290.304 square metres, at least 6 times bigger than the minimum plot size of 1,400 square metres for a Good Class Bungalow in Singapore ( $FTSE Singapore Straits Time Index(.STI.SG)$ ).

3. According to sbs.com.au, Thursfield found his akiya in Ibaraki prefecture and bought it for $30,000 for a 250 square metres farmhouse that sits on a generous 1,800 square metre block of land (*3). This is cheaper and bigger than the 99-year lease 4-room HDB flat of around 90 to 110 square meters in size that will cost at least SGD $253,000 and SGD $311,000 for non-mature and mature HDB BTO estates respectively in 2022 (*4).

4. According to biz.crast.net, one of the most common reasons Hong Kong ( $Hang Seng Index(800000.HK)$ ) buyers buy akiya is to operate them as vacation properties (*5) for Airbnbs ( $Airbnb(ABNB.US)$ ).

With that being said, it might be a "good business" to invest in Japan akiya.

After becoming an Akiya millionaire, Mooers can then proceed to travel to Puerto Calero, Lanzarote, Spain to have an underwater experience of a lifetime on a submarine every month. More information can be found here: https://www.submarinesafaris.com/

We have come to the end of today's topic. Remember to show your support by follow, like, share and comment on this post and as always, don't forget to DYODD (Do your own due diligence) when making any kind of investment.

References:

*1: Japan's stock market is booming right now in 2023!

*2: Want to buy a cheap house in rural Japan? This millennial farmer offers his advice

*3: How Jaya bought the ‘Australian dream’ for $30,000 in Japan

*4: How Much Do You Need To Buy Your First Home In Singapore?

*5: Cheaper than a garage: investors eye Japan’s abandoned homes during the holidays