【Read-only】 Essential real estate knowledge for real estate investment and social lending! Thorough explanation of property investigation methods
Totti here, who wants to do farming in an old house while earning interest income in the future.
In real estate investment-type crowdfunding, the invested real estate is disclosed, and in social lending as well, the Financial Services Agency, which is the governing body, shows an intention to abolish anonymity (great job, government!).
If information is disclosed, investors will research it themselves, including collateral properties.Crowdfunding and social lending increasingly require knowledge about real estate, but among investors in the world, there are probably few who have real estate knowledge.
For example, even if you go to see the investment target of a non-specified crowdfunding project, you might end up thinking, “I don’t know what to investigate or how to investigate… oh, this is that condo… hmm… and then?”
Moreover, the value of a property is something that, unless you are a real estate appraiser, you can’t really know. Well,since it is outside one’s specialty, it’s natural not to know. Conversely, it’s scary when someone pretends to know.
So, this is why I, Totti @ Real Estate Appraiser, who is so fond of real estate that colleagues say once a week, “Totti, you love real estate,” will explain real estate investment and real estate investigation in social lending.
I aim to present easy-to-understand content so that just by reading, you gain real estate knowledge every time! This time,we will focus on “Forecasting land prices in residential areas”as the theme.
What will the land price be like in the future?
The price of income-producing properties is assessed by aincome price (the appraisal price is for reference), and properties in areas with high land prices can command higher rents, so, indirectly,land prices also influence real estate prices.
As of now, you can get a rough sense by looking at the current land prices from published prices, inheritance tax base values, and fixed asset tax base values, and by hearing from real estate agents.
Sites where you can look up published price, inheritance tax base values, and fixed asset tax base values
This time, from there, we will further consider“What will land prices be like in the future?”from the perspective of that question. In conclusion, whether it’s a single-family home or an apartment,
there is a nationwide common pattern in land price trends for residential areas.
Knowing this pattern is enough.
