The average Japanese home owner (or their daughter, for that matter) would think about the amount of Japanese yen on their kitchen counter in the summer as a key to a successful home renovation. It’s a common mistake to think that the amount of yen that a homeowner will owe is going to be about half the amount they paid for a home renovation. The average Japan household would have to pay 3-4 yen to do what they did.
The average Japanese home owner or their daughter would think about the amount of Japanese yen on their kitchen counter in the summer as a key to a successful home renovation. Its a common mistake to think that the amount of yen that a homeowner will owe is going to be about half the amount they paid for a home renovation. The average Japanese household would have to pay 3-4 yen to do what they did.
That’s what I thought when I heard about 680 yen, but a commenter on the Japanese website about the currency noted that the amount is a lot higher than that, and that the only reason most people would think about paying 3-4 yen is because they’re doing the math.
In Japan, the minimum amount of money for a home renovation is 680 yen. This means that someone will have to pay around 690 yen in total. The amount that would be required to pay for the most expensive property is over 4,000 yen.
This is one of those cases in which your first instinct is to say, “Yes! That’s what I was thinking. I’m definitely going to buy.” But if you know that you’re going to pay a lot more than that, you will be able to avoid the sticker shock.
I find a lot of people who come to us for help are surprised when we tell them that their budget isn’t going to be too low because they’re paying way more than the minimum for a basic home. I would like to see a lot more transparency when it comes to the prices we are charging, because all too often people go into a contractor saying, “No I can’t afford this, the price is much too high.
680 yen is about the lowest I have ever seen for a home. It might not seem like much but it will still be a lot more than some people are looking at. For example, my friend who is starting on her new house at the moment is asking about $1,700, not $1,200.
680 yen is also, shockingly, the lowest I have ever seen for an office building. When I was looking for a new office space I got the 1,650 yen we charged for most of the buildings, which is still a lot but not a lot more than we were charging for our office building. Also, a lot of people on this website are complaining that the prices are going up. I can only speculate that since people are getting so much more for their money.
So, a few weeks ago I finally got my first apartment. It was almost a year now and I was still living at my old apartment. I bought a new apartment with a $250 deposit, which I don’t know how it happened, but I was in a car with a bunch of kids and was going to get into a fight, so I asked my husband if we could get into some trouble.
I don’t know if you’ve heard of this. It happens all the time when people buy apartments that they want to move into soon after purchasing them. The problem is the building doesn’t require a deposit before they will start building. So as soon as the building starts to work, the tenant has to come up with the deposit. What happens is you end up with a tenant who thinks the new apartment is just like the old one they were in, and they keep doing the same thing.
