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Thread: inheritance in japan

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    Cherubic Flash Pegs Champion, Chaos Theory Champion, Booya Champion, Word Up Champion, Angel Differences Champion mystical shadow angel may be famous one day mystical shadow angel may be famous one day mystical shadow angel's Avatar
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    inheritance in japan

    this might come across as surprising to some, or strange, or funny or... ok, moving on. in geography today, my teacher was talking about urban consolidation, etc. and she happened to tell us a bit about japan as well. here's what she said.

    in countries such as america, australia, etc (countries with vast land), the children's inheritance usually consists of money, valuables, etc. but in japan... guess what the children inherit?

    loans.

    no, you didn't read it wrong. they inherit loans. house loans. you probably already know why. it's because the houses in japan are so expensive... most usually don't pay it off in their lifetime. so what happens to the loan? the children inherit it. just imagine your inheritance... to pay off a loan.

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    Otaku alison_faith may be famous one day alison_faith may be famous one day alison_faith's Avatar
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    Re: inheritance in japan

    i would hate that.
    "The face is the mirror of the mind, and the eyes,without speaking, confess the secrets of the heart." - Saint Jerome

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    Anti syndicate spike spiegel may be famous one day spike spiegel may be famous one day spike spiegel's Avatar
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    Re: inheritance in japan

    In Japan the land is too small and occupied now these days so they charge more
    more for acres or land.

    "I let all that kind of blood away" Thanks Viper

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    Banned Alucard_Spriggan may be famous one day Alucard_Spriggan may be famous one day Alucard_Spriggan's Avatar
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    Re: inheritance in japan

    Quote Originally Posted by alison_faith
    i would hate that.
    I would have to agree with alison on that. I would hate to be the person getting the loan...that sucks.

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    is On Point Abu Dhabi is making a name for themselves Abu Dhabi is making a name for themselves Abu Dhabi's Avatar
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    Re: inheritance in japan

    TT___TT that would suck... especially if you had more than one child...

    but who would live in the house? would all of them pay if only one is living there?

    hmmm... i think this is a question only the Japanese among us can answer!!!

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    Slam Dunk Da Funk Soshi Kitai is making a name for themselves Soshi Kitai is making a name for themselves Soshi Kitai's Avatar
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    Re: inheritance in japan

    *shrugs*

    Allowance, no allowance, or loans.

    Before I had an allowance, I either begged for a present, or I made my own toys out of trash, or just dream.

    When I got an "allowance" (it's more of a percentage of the company) ... I spent, saved, and invested.

    If it's a loan, then I'll pay it off... it won't be easy, but I will.


    I adjust to methods. ^_^ Whatever it is, it is. And I'll deal with it.

    Because... hey, our parents have lives too, y'know.

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    Elie Jelly elie26 may be famous one day elie26 may be famous one day elie26's Avatar
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    Re: inheritance in japan

    Quote Originally Posted by Abu Dhabi
    TT___TT that would suck... especially if you had more than one child...

    but who would live in the house? would all of them pay if only one is living there?

    hmmm... i think this is a question only the Japanese among us can answer!!!
    i agree...hope that 1 japanese can explain more..

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    Cherubic Flash Pegs Champion, Chaos Theory Champion, Booya Champion, Word Up Champion, Angel Differences Champion mystical shadow angel may be famous one day mystical shadow angel may be famous one day mystical shadow angel's Avatar
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    Re: inheritance in japan

    i guess they'd have to come to an agreement. and also, because the population of japan is so large, couples now-a-days usually have no more than 2 children. so it's not that complicated. in fact, i think most only have 1 child...

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