Deep DiveWhy a Sound Japanese House Can Be Worth ¥0 as Collateral
Tax depreciation writes the building down on a fixed clock; banks treat that clock as physical law, so land stays expensive while the structure stops counting.
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Deep Dives
In-depth reporting and explainers on the ideas, institutions, and forces shaping everyday life.
Deep DiveDeep Dives from around the world
Deep DiveWhy SNAP Won't Buy the Rotisserie Chicken Sitting Next to the Raw Bird
Deep DiveWhy the Certificate of Entitlement Can Cost More Than the Car
Deep DiveWhy Medicare Won't Pay for Your Ambulance Bill
Deep DiveWhy IRCTC Charges More the Later You Book a Sleeper Berth
Deep DiveWhy Korea Still Rents With Lump-Sum Deposits the Size of a Home Loan
Deep DiveWhy England's Council Tax Bands Still Stop at 1991 House Prices
Deep DiveWhy Every Receipt in Taiwan Is Also a Lottery Ticket
Deep DiveWhy Cash-Back Rewards Are Funded by Americans Who Pay With Cash or Debit
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Deep Dive