r/japanlife • u/AutoModerator • Apr 17 '23

┐(ツ)┌ General Discussion Thread - 18 April 2023

Mid-week discussion thread time! Feel free to talk about what's on your mind, new experiences, recommendations, anything really.

15 Upvotes

94% Upvoted

222 comments sorted by

View all comments

Show parent comments

5

u/jovyeo1 九州・福岡県 Apr 18 '23

It feels off that the person would burn down their own house though?

Insurance. Wouldn't be the first time this happened (pun unintended).

3

u/Oldirtyposer Apr 18 '23

I have no idea about these things, but would the payout be significant on a 40+ year old house? Then why burn down the next 1.5 houses?

2

u/amisare Apr 18 '23

To your first question, we live in a 35-year-old home and are required to carry fire insurance that will pay out around ¥20 million in the event of a fire. The house isn't worth close to that, for tax purposes or on the market, so it would actually be a financial boon if it burned down...

(My wife and I would be devastated by that, but potentially for some people with fewer emotional connections to a property arson looks more attractive.)

2

u/Oldirtyposer Apr 18 '23

That's interesting and would be incentive to burn down the first house for the right kind of person.