We have always said that it is enough to buy real estate in Tokyo and Osaka, Japan. Looking around the world, compared with any developed country, this is one of the few countries with a sound system and legal protection.
So is it worth investing? It mainly depends on your expectation of investing in real estate. If you want to make a fortune through real estate speculation, Japan is the last country to choose, but if you want to obtain long-term and stable income through leasing, then investing in Japanese real estate is still very cost-effective. Property worth investing in Japan
Generally speaking, Japanese real estate is worth investing for the following reasons:
First, there is a strong demand for housing in Japan.
In terms of population, the population of Tokyo metropolitan area ranks first in the world. Excluding the epidemic period, Tokyo's population growth has lasted for 50 years, with 654.38+million people flowing in from other places every year, and the number in Beijing and Shanghai is not as much as it is. Therefore, population can stimulate demand, and Tokyo will certainly be able to control housing demand.
Second, Japan has a high rate of return on real estate investment.
Tokyo's GDP can rank second in the world, second only to new york. With such a large demand, house prices generally will not fall. By 2020, second-hand housing prices in Tokyo have risen for seven years in a row, and new housing prices have risen for eight years in a row, and the real estate market is improving. Many people also want to take the bursting of the Japanese real estate bubble as an example, which is really a big mistake. After the real estate bubble was punctured by the Japanese government, house prices have basically been rising. Many high-quality buildings have increased very rapidly in the past three years, reaching about 20%~30%. At this time, 5-8% rental income is not difficult (even in first-tier cities in China, it is not just 2%).
Third, hold yen assets to hedge inflation.
At present, the yen has been recognized by the world as a safe-haven asset. In recent years, 20 18 Sino-US trade war, 20 19 US stocks fell sharply, and the yen rose. But as long as there is a global crisis, the yen will basically rise against the trend.
When you buy a property in Tokyo or Osaka, it will always earn you yen. The income of these investment houses is almost between 4% and 6%. Recently, the news of ICBC's 4. 1% wealth management products exploded all over the country. Now, it may be more profitable to invest this money in real estate in Tokyo.
Fourth, the mortgage interest rate in Japan is low.
If you want to buy a house with a loan in Japan, it is very convenient to have a long-term and stable job. The loan interest rate is basically 1-2%, and even many people buy a house with a down payment. Compared with China, the mortgage interest rate is about to break 6%. Does it make you feel tight? From the Chinese point of view, how can we get low-interest loans from Japan? Click on the link to learn how foreigners can borrow money to buy a house in Japan and consult Japanese real estate investment for free.
Since it is an investment, there will be risks. What risks will you face if you choose to invest in Japanese real estate? Friends who are limited in space and unclear can read this article about the risks faced by Japanese real estate. Five things you must know about investing in Japanese real estate.
If it is Xiao Bai's first time to buy Japanese real estate investment, especially in the initial stage of understanding Japanese real estate investment, he will inevitably encounter some misunderstandings and take many detours for the first time. Here, let me sort out the basic logic of buying a house in Japan:
1. Investing in Japanese real estate generally refers to what kind of house to invest in?
Choose Tokyo as a long-term rental (apartment), Osaka as a residence (building) and Kyoto as a feeling. Don't think anywhere else. Generally speaking, except for two or three big cities in Japan, the investment in other places is not ideal and the return is not necessarily high. In cities such as Hokkaido and Okinawa, where land prices have risen wildly recently, we should also pay attention to the pursuit of stability and security when investing in real estate in Japan. Long-term rental apartments in Tokyo's 23rd district are the best investment targets. This kind of investment is also very common, which is basically the most common in Japanese real estate investment.
Second, when buying a house in Tokyo, we must set the criteria for choosing a house.
As far as the location of buying a house in Tokyo is concerned, houses in five core areas (Chiyoda, Port Area, Central District, Shinjuku District and Shibuya District) are mainly selected. However, there have been no vacant houses and properties plagued by vacant houses interwoven in these areas recently, and there is obviously a trend of "multipolarization". Therefore, only by setting investment standards in advance can we choose a good house. Such as purchase price, rate of return, geographical location, distance to the station, total number of households, management fee, maintenance reserve amount, etc. If these rules are more detailed, the chances of finding high-quality real estate will increase. On the contrary, if the selection criteria are wider, the chances of finding high-quality real estate will generally be lower. Therefore, we have set a "good housing standard" for small-sized investment apartments, and everyone can make adjustments according to their investment intentions.
Third, it should be noted that the "surface rate of return" is not the real income.
This sentence should be repeated three times: "surface rate of return" is not real income!
What is the surface? It is what we call "gross" in China, without deducting costs. If there is an intermediary pointing to a "surface rate of return" over there, the rate of return of this house is 10%! Don't believe it. As far as the cost of housing ownership in Japan is concerned, it also includes the cost of building property tax (capital tax) and hosting property, as well as the monthly repair fee and property fee (different from hosting fee). If the miscellaneous fees are reduced, 1%-2.5% of the income will probably be cut off.
Fourth, we should pay attention to whether Japan's housing prices are artificially high.
Pay attention to whether the house price around you is lower than the price of the house you bought. There is indeed a phenomenon of inflated house prices in Tokyo (although it is rare), so before buying a house, you must explore the surrounding house prices and compare the prices. There are many kinds of comparison prices. For friends who need to invest in Japanese real estate for the first time, it is recommended to consult people who are good at this and avoid blind obedience.
We foreigners invest in buying a house in Tokyo instead of choosing a new house.
In Tokyo, the price of second-hand houses is about twice as cheap as that of new houses. In recent years, house prices have gradually increased. It is common that Japan just needs our first suite to give up the new house. Instead, the first suite has already bought a second-hand house. In particular, the price of new houses without a market will fall more easily after the Tokyo Olympic Games. If someone knows that you are only investing, they always recommend you to buy a new house in Tokyo, so don't be encouraged.
These are the knowledge points that I should master when buying a house for a friend who invests in Japanese real estate for the first time.
Deposit interest rates in various countries
1. China: in 2020, the benchmark interest rate for 1 year deposits is 1.5%, and the benchmark interest rate for loans is 4.35%.
2. USA: The benchmark interest rate for deposits in 2020 1 year is 0.2%, and the benchmark interest rate for loans is 3.54%.
3. Russia: In 2020, the benchmark deposit interest rate for 1 year is 3.77%, and the benchmark loan interest rate is 6.78%.
4. Japan: In 2020, the benchmark interest rate for 1 year deposits is 0.32%, and the benchmark interest rate for loans is 1.00%.
5. South Korea: The benchmark interest rate for 2020 1 year deposits is 1. 16%, and the benchmark interest rate for loans is 2.80%.
6. Vietnam: The benchmark interest rate for deposits in 2020 1 year is 4. 12%, and the benchmark interest rate for loans is 7.65%.
7. India: In 2020, the benchmark interest rate for 1 year deposits is 4.9%, and the benchmark interest rate for loans is 9. 15%.
8. The benchmark interest rate for deposits in 2020 1 year is 5.83%, and the benchmark interest rate for loans is 14.83%.
9. Pakistan: In 2020, the benchmark interest rate for 1 year deposits is 7.47%, and the benchmark interest rate for loans is 10.76%.
10. Philippines: In 2020, the benchmark deposit interest rate for 1 year is 3.67%, and the benchmark loan interest rate is 6.70%.
1 1. Singapore: in 2020, the benchmark interest rate for 1 year deposits is 0. 18%, and the benchmark interest rate for loans is 5.25%.
12. Ukraine: in 2020, the benchmark deposit interest rate for 1 year is 6.09%, and the benchmark loan interest rate is 14.29%.
13. Australia: In 2020, the benchmark interest rate for 1 year deposits is 1.78%, and the benchmark interest rate for loans is 5.20%.
14. Thailand: in 2020, the benchmark deposit interest rate for 1 year is 0.62%, and the benchmark loan interest rate is 3.29%.
15. Uganda: in 2020, the benchmark interest rate for deposits in 1 year is 9.90%, and the benchmark interest rate for loans is 2 1.30%.
16. Congo (DRC): In 2020, the benchmark deposit interest rate for 1 year is 5.39%, and the benchmark loan interest rate is 25.68%.
Japanese mortgage interest rate
"Japan's housing interest rate is really not high. You can look at the figures of housing loan interest rate published by the five major banks in Japan: Sumitomo Mitsui Trust Bank's interest rate is 0.75%, Risona Bank's interest rate is 0.755%, UFJ Mitsubishi Bank's interest rate is 0.79%, Mizuho Bank's interest rate is only 0.85%, and sumitomo mitsui banking corporation's is 1. 10%!
Secondly, the changing interest rate is the same!
Fundamentally speaking, Japan's economic situation is not very optimistic. In order to develop the economy, the Japanese government set a price increase target of 2% in 20 13. In order to achieve this goal, the Bank of Japan has also made up its mind to introduce a negative interest rate system at 20 16 1. The purpose of this behavior is to enable banks to put more funds into the market to promote economic development.
The word "negative interest rate" literally means that the interest rate is negative. For example, if the annual interest rate of the deposit is-1% and the daily deposit is1000000 yen, you will not only get the interest from the bank, but also pay back the bank 1%.
Similarly, if you borrow a loan of one million yen from the bank, if the annual interest rate of the loan is-1%, you don't have to pay the bank interest, but you can still get 10000 yen (-1% × 10000 yen) from the bank every year.
The object of negative interest rate mentioned here is not people and banks, but banks and central banks.
Every private bank in Japan is located in the central bank of Japan, and we can understand it as a bank. The bank will have an account in this central bank. If the negative interest rate system determines that the bank holds more than a certain amount of money in the central bank account, then it needs to pay 0. 1% interest to the central bank!
The purpose of private banks is to make profits, so putting money in the central bank. Generally speaking, earning interest, investing in government bonds and issuing mortgages are the simplest and most common means of profit for banks.