little reg. has made more units come to market than are demanded. Also houses in Japan drop in value as they age. Land is what holds value.
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Oh, I see. I guess Tokyo was firebombed enough that it doesn't have too many pre war buildings. Gotta go to Kyoto for that.
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More to the point, buildings are not expected to last--most buildings get torn down a few decades after being built
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Even buildings designated for preservation tend to be Ships of Theseus after a few years of routine maintenance
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I don't know about that. Certainly true for most post war constructions, but a lot of pre war stuff retains much original material.
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Probably more true for brick/stone/concrete buildings than wood ones though.
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The *vast* majority of historic architecture in Japan is wood-built and thus replaced in its entirety over a few decades
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For the sake of historical fidelity, tho, they are known to use period construction practices while maintaining them
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This is essential. My hometown has some nice Art Nouveau and I remember them ruining one of the building because of some modern shortcuts.
End of conversation
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