I'm a single PR holding 39M considering buying an apartment on FLAT35 loan near Yokohama station (within 10min walk to Yokohama, Sakuragicho, or Kannai station). I make 9,200,000 yen a year so I qualify for up to 80,000,000 yen or so . I have no debt and no investments. No substantial savings. I will most likely retire in Japan. My current concern is that I feel I am throwing money away renting. I'm also quite unsuccessful at the marriage thing.
Is this a wise choice financially and for location?
If so, what price range should I am for with my financial status? I currently pay 110,000 a month for rent, and I wouldn't want to go too far above that.
Anything to consider when choosing an apartment?
by Only_Posted_Once