is it time to buy, page-6

Plough,

Whoever said anything about the buildings being uninsurable? Of course they would have insurance on the buildings.

You have missed the point completely. A devastating earthquake in Tokyo would take many years, if not over a decade to rebuild the infrastructure, and would send many Tokyo businesses bankrupt. So even if BJT gets an insurance payout for damages to the building, their land value, which would be the majority of the price they paid for their properties, would diminish. So what do they do then? Sell the land for a fraction of what they paid? Construct another building for their tenant? Huh! Not likely within 5 years.

And believe me, there are heaps of buildings in Tokyo that will collapse when a big enough quake next hits.

Anyway you look at it, a big enough quake around Tokyo would have a huge effect on BJT. This is not "spewing hot air" as you claim. This is an attempt to inform HC users of potential risk in BJT.

Do you understand now Plough?