Chapter 333: Renting is better than buying

New Year’s holiday, some people will go out to travel, some people will choose to rent some movie discs to go home to slowly watch …… Whether it’s that kind of leisure and entertainment, it’s all the result of the individual’s own choice.

Masayoshi Kishimoto came to the upscale apartment rented by Kyoko Fukada as promised. This was not his first time. Together with this time, it was considered his second visit.

Fukada Kyouko acted quite happy and said, “You’re still a man of your word.”

“All along, I’ve always kept my word.” Masayoshi Kishimoto said seriously.

“If you want to drink something or eat something, just go inside the refrigerator and get it yourself.” Kyoko Fukada said without entertaining him as a guest.

Masayoshi Kishimoto sat on top of a rather distinctive single sofa in the living room and said, “You artists are still quite lucrative! In just a few short years, you have such a high-class apartment.”

“I can’t afford it, I rent it.” Kyoko Fukada said truthfully.

Masayoshi Kishimoto seemed to understand a what. Actresses looked glamorous on the surface, but they might not actually be that rich. The big head was taken by the firms they worked for.

Furthermore, even if they earned a lot, they would likewise spend a lot. The skin package, cosmetics, clothes, jewelry and other monthly expenses are not expensive.

Even if one’s heart aches to spend so much money, one has to continue, after all, one knows in one’s heart that if one wants to continue to mix inside this circle, one has to maintain and hold up a certain scene.

The fashion within the show business is a big vanity field. Star level to a height above, there will be clothes, jewelry and so on only wear once the situation.

If you wear the same thing more than twice, you will be gossip magazines all kinds of say. So-and-so’s economy is in trouble or something, the career is starting to go downhill, there is no work to take …… As for proof, that would be citing one of the other person’s wearings.

The readers concerned are a bunch of rabble-rousers who will not think well at all. Instantly, it will also become a gossip topic for the public after tea. Stars are not afraid of being scolded, afraid of no one care, but also afraid of being said to be poor, about to go bankrupt and so on.

They are not able to lead the fashion, there will be no business willing to find its endorsement. Even if Kyoko Fukada is a famous actress, it doesn’t mean she can afford a big house in the center of Tokyo.

It’s a big price to pay for a non-Tokyo outsider to own real estate in the 23 wards of Tokyo. However, most people were renting houses for the rest of their lives until they died.

Masayoshi Kishimoto knew very well that the real estate above the good lots within the heart of the Tokyo metropolis, for one thing, belonged to the really rich people within Japan, the ones who were richer than a few generations. Even if Japan levies inheritance tax, there are various ways to avoid or pay less.

How many people would be so moral as to hand over to the government what they have worked so hard for? By leaving it to future generations, you can still leave a thought for them, so that they don’t forget the day they visited their own graves.

Secondly, there are the boomers within Japan. Whether it was before or after the bursting of the economic bubble in the 1990s, or those who seized the opportunity of the Asian financial turmoil in 1997 to short or make a fortune from other financial derivatives.

Thirdly, they belong to foreign rich people. Among them, there are like Tokyo, an international metropolis life, there is to avoid asset risk, there are long-term business in Tokyo and so on. There is always a good thing about spreading the eggs in one basket, and that is, it reduces the risk.

Fourthly, there is the profit-seeking class. Although they have some money, it is not much compared to the really rich. They make profits in the form of rentals. Some of them have taken out loans to buy houses and then rent them out.

Fifthly, they rent out houses in the form of companies. Even though Japan’s childlessness and aging is increasing, it has not hindered Tokyo in any way, and that’s all on the edge of Japan above the small places. The net inflow of population into Tokyo, but is steadily increasing every year.

“You give your money to the landlord for nothing every month like this, you might as well take out a thirty-five year loan to buy a small apartment to live in first. It’s not as comfortable as what you have now, but it’s still your own.

Think of the monthly mortgage as rent. It’s unlikely that a few years from now, the rise in housing prices will still profit you a lot. After all, Japan’s current home prices are still in the low range.” Masayoshi Kishimoto said as he considered the issue from an economics perspective and gave a cost-effective investment proposal.

Kyoko Fukada held her mug in both hands. She first took a sip of the coffee inside the mug, and then her charming and sunny signature smile appeared on her face, “I am not going to buy a house. I’m waiting for someone to give it to me? I want to live in Roppongi so badly.”

Masayoshi Kishimoto instantly understood the true meaning of this one statement of hers. His own Hard Gold Group was currently pushing ahead with plans to remodel the old city of Roppongi. After the overwhelming media coverage from all sides, it was already common knowledge.

“Roppongi is not suitable for you. You’d better go live in Setagaya.” It wasn’t that Masayoshi Kishimoto couldn’t be bothered to give her a set, but if he really did, it would mean that the relationship between the two of them had truly become a lover’s path.

“I just like Roppongi.” Kyoko Fukada said with an unchanging smile.

“It’s because of this kind of idea you’ve spawned that is what’s topping the prices higher and higher. Naturally, there’s no need to mention the prime locations, which have always been an inch of land.

Even the edge of Tokyo, also is the house price is rising. Rising house prices will inevitably cause the rent to rise. Even so, it still can’t stop people from outside is constantly pouring into the 23rd district of Tokyo.

I don’t get it. What’s wrong with staying in your hometown? Why do you have to come to Tokyo? The lucky ones are in the minority, and the majority of people will just waste their youth here, and will probably end up in debt.

What is Tokyo like? It’s a place where people have a lot of hobbies, but no hobbies. This is the easiest way to generate impulsive spending.” Justice Kishimoto said nonchalantly.

“Because people don’t want to be frogs at the bottom of a well. Besides, there are still opportunities here in Tokyo. If you stay in your hometown, I’m afraid you’ll never get a chance to get ahead in life.

It’s always good to get out and see the world! Nowadays, Japan’s economy is not doing so well. People need work, money, and survival, and it’s hard to provide those things back home.”

Kyoko Fukada, being an outsider, was most able to understand the true inner thoughts of non-Tokyoites like them.

Masayoshi Kishimoto certainly understood that people were after money. One percent of the world’s population held more than 50 percent of the wealth. Wherever that 1% of the population was concentrated, there would be more investment, more projects, and more jobs, which meant that other people would be able to make money.