Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

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Monday, February 11, 2008

Conditions of living in the Philippines - houses

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Living in the Philippines is actually not an easy thing. There are alot of challenges. I have lived in a condominium as well as 2 houses in different subdivisions. The problems I faced were:
1. Noise: The noise was shocking. All over the Philippines there are cocks (roosters) that 'crow' from the earliest hours of the morning. I was in a townhouse with 5 of them outside my window. Moved there because the owners brother could no longer keep them on military grounds. The owner did not want them on his property.
2. Dogs: Yep, you guessed it, more noise. Each Filipino I dare say has 3 dogs each, and they often have mad dog fights at all hours, and if not fighting, they will bark at traffic or pedestrians.
3. Planes: I was below an airforce training facility so I was experiencing flight manouvres in the morning through to night.
4. Music: My neighbour, who was a relative of the owner, was playing music at all times of day. It wasnt just because it was loud, it was often bad, and even if it was good, the same song could be repeated 10 times.
5. Kids: There are alot of young kids in the Philippines, and there is little discipline, so the run around your house, screaming, even banging on your windows for attention. At Xmas, kids from poorer areas come around singing for money, of course you are really paying them off to get rid of them. Except there are hundreds of them and they keep coming back for more.
6. Factories: My living circumstances were pretty peaceful, but with the cocks, they also established a factory in the house next to mine. This was a residential house being used to produce pig feed. So I was hearing the scrubbing of aluminium trays through the day into the early evening.
7. Motor cycles: The guy next door had a motor bike and he liked to rev it as well.
8. Horns: Filipinos are as lazy and inconsiderate. They will arrive at 2AM in the morning to pick up someone, and they will be beeping their horn. Not once but 10-15 times. Totally oblivious to what they are doing. Is that lack of critical thinking, or just lacking everything.
9. Tricycles: These are a big polluter and can be very noisy if you are around the main road. Miraculously this was not a problem. Jeepneys and trucks are other big polluters and noisy as well.

Its fair to say that my circumstances were bad, and I might mention they were good before they got bad. But these problems occur because:
1. Tenants have no rights - the contract given to me, which I didnt even sign, offered no protections
2. Landowners have few rights - they can take grievances to a homeowners association in each village. In my case I was surrounded by relatives. On balance that was probably a good thing, as I was friendly with some. Your best chance is to complain, but you have few rights. There are no laws preventing people from doing as they please. Its kind of understandable that poeple work from home, I do. Its just its a pain for me because my job requires thinking.
3. Lot sizes are very small (120-300m2) - so noise is worse
4. Houses are often packed with many family members, a number of whom are likely to be hanging around bored
5. Filipinos are accustomed to noise - which is why they dont hear well, and probably why they tend not to be great thinkers. I dare say they never had a choice.

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