More and more single women are buying homes, and this phenomenon is most pronounced in China's big cities such as Beijing, Shanghai and Guangzhou. They are not only focused on buying property where they live, but also on an investment level, they are also looking overseas.
On the one hand, buying a home can give them a sense of freedom and security, making them more independent and autonomous. On the other hand, buying a house is also a way to manage your finances. Not only is the property market appreciating faster than bank savings and other financial investments, but for women living alone, the appreciation of the value of a home can make their future life more stable and easy.
So, how do foreign media view this phenomenon?
Women are better at investing in real estate, and women are better at investing in real estate! Australian News Network has pointed out that in the long run, women are better at investing in real estate, and can buy properties with higher returns and long-term appreciation, and women make more money than men in investing in real estate. Women tend to start investing when they're under the age of 35 and are usually single, while men are less likely to invest when they're single, and they tend to wait until they're older and have more stable relationships.
The key advantage of women is that they tend to invest in low-risk products. Women, on the other hand, look beyond the horizon and want to minimise risk, which is crucial when choosing an investment property.
In terms of overseas real estate, the proportion of women who invest in real estate has been increasing in recent years. So what kind of overseas real estate do women prefer? Let's take a look!
The most suitable overseas real estate inventory for women
1. Good location, location, and convenient shopping For overseas real estate, they prefer products in core locations, such as subway within 5-10 minutes walk, and convenient transportation. There is a business district around it, and the living facilities are sound.
2. Of course, the appearance should be online The interior decoration design meets the quality requirements of women, and the details of the toilet and bathroom should be separated, and other needs are also more important to female investors.
3. Investment stability With considerable and sustainable income returns, non-owner-occupied properties with good rental yields will be more attractive to them. For example, Osaka. According to market research, the pricing of Osaka Minshuku varies depending on the location, facilities, decoration style, and other factors. According to the market average, the return on investment of B&B is usually around 5.95%-7.3%.
As a result, in recent years, there has been an increase in the number of women buying and investing in Japan. Houses in Tokyo and Osaka are popular investment locations.
So what are the differences between buying a house in Japan and buying a house in China? Combined with the convenience of life, public facilities and cultural inclusiveness, Ruihong Overseas will take a look at the differences between the real estate in the two countries for reference.
01 Land ownership
The biggest difference between the two countries' real estate: Land in Japan is privately owned and owned by the purchaser. Land in China is leased, owned by the state, and can only enjoy the right to use, and there is a time limit, 70 years for general apartments and 40 years for commercial use. When you buy a house in Japan, you will get land accordingly. If the building is purchased, all owners share the land equally and jointly own the ownership. If the purchase is a one-family building, the land belongs to the owner and is independently owned. The property held by the owner is subject to the fixed asset tax on the land and buildings every year.
According to the current ultra-low exchange rate of the yen, about 3 million yuan can start a house in Osaka, which is so fragrant!
02 Home ownership rate
In Beijing, for example, the home ownership rate is around 70%. In Japan, for example, Tokyo has a home ownership rate of 45.8 and Osaka 54.2. It is not difficult to see that compared with Japan, most of the houses in China are held by households, that is, renting is less than buying houses, while more than half of the houses in Japan are rented by households, and buying houses is smaller than renting. In other words, Japanese people are more likely to rent than to buy.
03 Construction quality
The quality of houses in Japan is one of the highest in the world. Everyone has heard that it should be 35 years of wood and 37 years of iron, but in fact, the life of the house far exceeds this benchmark. This is inseparable from the quality of their building materials and human quality. Of course, in order to prolong the life of the house, regular repairs are important. Condominiums in Japan are generally renovated once every 10-15 years.
04 The contents of the area calculation
The area algorithm of Japanese houses is different from that of China, most of the Chinese people prefer houses with large areas, but the area of houses in China refers to the floor area and the area of use in Japan. Public areas such as balconies, parking lots, and elevator halls are not counted in the sales area. And it is calculated from the center of the wall, not including the entire wall, load-bearing columns.
Japan's usable area is equivalent to 70%-80% of the domestic floor area. Investing in real estate in Japan, in addition to buying an apartment, renting it out easily, and having a relatively stable rate of return, making homestay investment is also another super popular way.
05 Delivery status
Most of the houses in Japan are newly renovated. Depending on the stage of purchase, some can also be renovated according to the customer's requirements. In other words, whether you buy a new house or a second-hand house, it will be a renovated house when you get it. Bathrooms, stoves, toilets, electrical automation equipment, etc. are all available, and you can move in directly.
06 There is no school district room
In Japan, although there are many school districts, such as Bunkyo Ward in Tokyo, housing prices are indeed relatively high, but they cannot be compared with the high prices of school district housing in Beijing's Haidian District.
Because although Japan has a school district, as long as you live in this school district, you can go to school, that is, you don't have to buy it, and there is no household registration restriction. In addition, there are well-known private schools, which are not limited to the address near the campus, and as long as you have the ability to be admitted, you can enroll.
The weakness of the yen and the cherry blossom season have attracted a large number of tourists to Japan, with a record 3.1 million visitors to Japan last month.
In addition, housing prices in Japan have risen sharply in the past two years, with Tokyo rising by 30% and Osaka by 15%. The depreciation of the yen will not only promote tourism and shopping, but will also have a significant impact on the real estate investment market.
Now is the best time to buy international goods at low prices in Japan, and the return on investing in Japanese real estate is a visible earning.