Comments by "thomas grabkowski" (@thomasgrabkowski8283) on "Explained with Dom" channel.

  1. It was the case in the 1980s and early 1990s in Japan too. Then they had a massive real estate crash in the 1990s where their property prices plummeted by over 60%, and people that bought investment property in the 1980s saw insane losses on it and as a result, Japanese no longer saw it as a good investment since then
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  2. Well most Latin Americans go to US. Also Spain and Portugal has a lot of immigrants from Latina America
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  3. It's because US, China and India are so big
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  4.  @TheNavigator1100  The current situation at the US border disagrees with the notion that less are leaving Latin America
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  5. Well tbh, a lot of the advantages other countries have over China in that regard is bigger sports culture(China doesn’t have a big sports culture), and people of the main ethnicity of that country being naturally stronger and have greater athleticism than people of Chinese ethnicity
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  6. Not to mention owning property, which is something people from elsewhere traditionally aspire to. In NYC, it is something only possible for people that are very rich
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  7. A lot of is due to the very weak JPY right now seeing it’s quoted after converting to USD, which means very poor exchange rate for Japan
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  8. Yep, main reason is that Japanese property investors lost so much money in the 1990s from the crash that they no longer saw it as a worthy investment
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  9. Both countries also known for making cars. Also both countries have some of the world's lowest birth rates. However Italy's situation is better than Japan in which it recieves a lot of immigration unlike Japan
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  10. Same with Japan. Their terrible demographic situation is absolutely crushing their economy
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  11.  @seomei  Well South Korea’s population is less than half that of Japan
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  12.  @XDF745  US too
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  13.  @666Tomato666 In the US, there are some places notably NYC where it’s the case as well
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  14.  @666Tomato666 In the US, there are some places notably NYC where it’s the case as well
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  15. And the Japanese Yen has depreciated significantly since then
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  16. That said, it’s relative to past. Second, CCP has a track record of falsifying economic data so you have to take 5.2% with a grain of salt
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  17.  @eduardochavacano  Philippines is still Manila centric
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  18. Because housing there is affordable
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  19.  @mistress.villaina7591 Well there needs to be a massive real estate crash for it to change. Japanese saw it as an investment too-until the 1990s when their property market experienced a massive crash, causing property investors there to lose hundreds of thousands to millions of dollars per property in a short period of time which fundamentally changed how they viewed it
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  20. Well the Rust Belt states already are giving homes away
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  21. Yep, and Japan’s current way of doing things is in large part from the aftermath of the 1990s real estate crash they had, in which Japanese property investors lost hundreds of thousands to millions of dollars per property they owned from the crash and after that it’s fundamentally changed the way Japanese viewed property investment
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  22. Well they don’t want to be Sweden 2.0
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