House Prices

[ASB]

Lets take a look at Japan from 1980 to 2005. After 25 years commencing in 1980 house prices in Japan finish exactly where they started.

Wrong. Possibly.

I can't be bothered to find the data to be sure but in YEN terms housing in japan was worth about the same in 2005 as it was in 1980. But during this period Japan [probably] suffered overall deflation. Thus there was probably still a positive uplift in that the purchasing power of said money had increased due to deflation.

[tamper]

Mortgages? FFS we're contractors aren't we? What do you want to saddle yourself with a mortgage for? They are for permies, surely....

Is this because we're contractors, ergo 'loadsamoney' boors with such a large pile of cash that we never stoop to borrowing? Or is there a mortgage alternative borrowing solution I'm not thinking about?

[Fungus]

I didn't realise houses in Swindon had windows.

I didn't realise Swindon had houses. Now why would someone wish to live there?