Ma Tasse de Thé

I recently wrote about my research on the real estate market in Japan (here and here).

However, as I read this post on Seth Godin’s blog, I thought it might not be a very good idea. Seth says: “Only borrow money to pay for things that increase in value.”

So if I were to buy a house in Japan, either:

• I’d need to be rich, or
• Japanese houses should increase in value.

Better think some more about it…