[PappaPatat]

> A house around 30 years old is worthless

Living in a city which city center was (re-) build between the 16th and 17th century, the 30 years till worthless puzzles me.

Even the house I live in is over 100 years old and in excellent condition.

Why do houses loose their value so rapidly in Tokyo?

[creamyhorror]

Because many of them were built cheaply to begin with and develop problems over the decades. They weren't built for long-term living, and in a sense it was the right move since Japan was developing rapidly up till the end of the '80s. (Well-built exceptions probably exist, of course.) And then there's increased earthquake/disaster risk with poorer construction.

It's something I wondered about too until I looked at descriptions and photos of >30-year-old houses on real estate sites.

[E14n]

I think that's more perception then reality. I live in a 30 year old house and it could easily last 100 years if properly maintained, but there is little incentive to improve the building because it will not improve the resale value.

[fomine3]

Most Japanese houses are wooden made, and earthquake is often happens.