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Daikanyama, Tokyo

Should I buy or rent a home in Japan?

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If you have not spent a lot of time in Japan, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Japan can be a great investment, as the country has a strong economy and real estate market. However, it is important to consider the cost of living in Japan, as well as the cost of purchasing a home. Renting a home in Japan can be a more affordable option, as it allows you to live in the country without the long-term commitment of buying a home. Additionally, renting a home in Japan can provide more flexibility, as you can move to a different area or change your living arrangements more easily than if you had purchased a home. Ultimately, the decision to buy or rent a home in Japan depends on your individual needs and financial situation," wrote a member who made the move to Japan.

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Should I buy or rent a home in Japan?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Daikanyama, Tokyo

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