Path: ccsf.homeunix.org!CALA-MUZIK!news.moat.net!news.glorb.com!postnews.google.com!g44g2000cwa.googlegroups.com!not-for-mail From: "etaka" Newsgroups: fj.life.in-japan Subject: Re: mortgage rates? Date: 31 May 2005 22:40:57 -0700 Organization: http://groups.google.com Lines: 34 Message-ID: <1117604457.104741.73970@g44g2000cwa.googlegroups.com> References: <1117579303.285528.217990@g44g2000cwa.googlegroups.com> NNTP-Posting-Host: 218.120.102.27 Mime-Version: 1.0 Content-Type: text/plain; charset="iso-2022-jp" Content-Transfer-Encoding: 8bit X-Trace: posting.google.com 1117604463 25834 127.0.0.1 (1 Jun 2005 05:41:03 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Wed, 1 Jun 2005 05:41:03 +0000 (UTC) In-Reply-To: User-Agent: G2/0.2 Complaints-To: groups-abuse@google.com Injection-Info: g44g2000cwa.googlegroups.com; posting-host=218.120.102.27; posting-account=2HyN1gwAAACdKwpWFk0-ZrcKP8rRTGrL Xref: ccsf.homeunix.org fj.life.in-japan:27620 Ryan Ginstrom のメッセージ: > The problem with fixed rates in Japan is that they are very expensive. The > rate they wanted for a 20-year fixed-rate home loan was higher than Japan's > variable rate has been in 30 years. And that's through the real-estate > bubble. That "Good Loan" place ("A SoftBank Company") 2.34% for a fixed rate is not a bad deal. Not that I'd want a 35 year loan. >>I should have bought a house in Japan two years ago, > > when rates were maybe 1.7%, and there were good homes on the market for > > amazingly low prices. > > Does that mean you've bought one now? No, it means beginning in two weeks I will spend almost all my savings for my family to move back to Hawaii and live off of for a minimum of two and a half years while getting a new degree and license because I won't be able to work, and I'll never be able to afford a half million dollar house ($450,000 about the minimum even for shoddy houses older than I am) at any interest rate. Just two years ago, even $150,000 (about what remodeling recently cost my mother) could have bought me a house with mature fruit trees and flowers on about a third of an acre a few minutes of downtown in a coastal historical "city" of 100,000 with a state university and an international airport with direct service to Japan, and single units promoted as $450 a month rentals for students could be had for $17,000 (not a typo) and there were entire pages of online acreage listings with grass and mature trees on public roadways for about $40,000 that could be had also within about ten minutes of town. Don't bother trying to look for any now.