Japan Real Estate Insight: Are Japanese More Risk Averse Than Other Nationalities?
Stillaguamish River (South Fork) flood at Granite Falls, Washington, U.S. Nine feet above flood stage
This Real Estate Japan Insight segment is with Timothy Langley, President and Managing Director of Langley Esquire. In this week’s audio clip, Timothy talks about the role of an escrow agent in covering risk and ironically, why Japanese almost never use escrow. He argues that Japanese are some of the most risk-averse people in the world. Listen to the audio clip below and see if you agree!
Timothy was our February 2012 webinar speaker. He spoke about “ESCROW and Japan Real Estate“.
Previous tips from Timothy: Escrow in Japan.
Listen to previous tips from Erik Oskamp : investment properties in northern Tokyo, investment properties in Shibuya and Minato wards, and Tokyo Bay real estate, surprisingly high yields in Chuo-ku, Tokyo, real estate taxes in Japan, property valuation in Japan, landlord and tenant issues, and common negotiation mistakes.
Listen to previous tips from Edward Perkich: Overview of Tokyo Foreclosure Properties.
Photo credit: Walter Siegmund via Wikimedia Commons
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