Comment by protimewaster
9 hours ago
> Those prices seem weird.
I was thinking the same thing. In many parts of the world, even a failing / debt laden business would be worth much more than that.
9 hours ago
> Those prices seem weird.
I was thinking the same thing. In many parts of the world, even a failing / debt laden business would be worth much more than that.
And yet companies file for bankruptcy and get liquidated all the time versus being bought.
In at least some parts of the world real estate isn't the ridiculous "investment" it is in the US.
Real estate in good location is an investment almost everywhere
Good location being the key here
I doubt a house the price of a new car qualifies as being in a good location.
Tokyo on the other hand… yeah I doubt you would see anything cheaper than couple million dollars there