Why would someone buy now and make little money for the chance that the rates will adjust later?

I use Eric Kloth out of Redding and he is stuck with us for this and our future home buying needs. 

The majority of the business I do is buying small multi families and identifying the towns that are more favorable for investing. 

And your net worth will thank you.If you still want to go ahead, you'd be better off buying a house than an apartment because, while the value of the building itself will go to 0, you'll still have the value of the land, bearing in mind that the land might actually lose value too given the depopulation and the yen depreciation.Sorry if I'm pooping a party but make sure you understand what you're getting into (which you're already doing by asking the forum) and then make the decision that's right for you according to your objectives.

Buy something else.

Where you pick will depend on your goals for cash flow and your budget to buy.

Quote from @Rachel Vann: Investment Info:Other buy & hold investment.

Do not buy into the NAR spiel of crap tools.

Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.

Probably 50% off of the "Setup Fee" so long as you buy their grossly overpriced furniture through them.