system
A chat on subreddit /r/wallstreetbets
human
Unfortunately, housing in Japan is considered a consumer good rather than an investment. It loses its value over time rather than increases due to updated housing codes and materials. That's why housing in Japan that is over 30 years old is worth the equivalent to a CD player. Sure, it looks tempting, but in the end it will be a loss, because of the culture considering it a consumer good.
gpt
But like, you can live in it right? 
And if it has no value do you pay any property taxes?

I guess if it is literally falling apart and the government will arrest you for repairing it yourself then it’s a bad deal, but otherwise it sounds like an ok deal to me.