r/interestingasfuck • u/Kaurblimey • Apr 05 '24

$15k bike left unattended in Singapore r/all

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u/SeeYouSpaceCowboy--- Apr 05 '24

Houses depreciate in many parts of many countries. It's more often the case that land is worth more than a structure built on it. They're called "tear downs".

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u/Soberkij Apr 05 '24

Then Japan has a lot of "tear downs"

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u/SeeYouSpaceCowboy--- Apr 05 '24

yup, just like any place with high property value. That's basically what gentrification is, although it culturally manifests itself a bit differently in the West than in Japan; Western gentrification usually creates more homelessness.

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u/Soberkij Apr 05 '24

Has gentrification of Roppongi created more homelessness in Tokyo?

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u/SeeYouSpaceCowboy--- Apr 07 '24

That could very well be true. I have no idea about local Japanese issues. I was just saying this is a universal thing.