Saizen REIT

[safetyfirst]

Just asking out of curiousity, not too good with geography

Is the entire japan prone to earthquakes, or is it just certain areas only?

To buy a block of 35 flats for 2mil looks cheap but what's the catch? So cheap why people there still want to rent?

when you consider frequency of earthquakes japanese people are quite wary about home ownership since everything could be gone in a flash along with a sizable portion of their net worth hence better to rent.

So how do you unlock these properties? who will buy them? the management? if they choose to take it private the risk belongs to them unless of course it's very cheap to take it private otherwise my view is they will prefer to let shareholders keep the risk.

Of course to mitigate that risk that's why you see Saizen has properties spread all over japan.