It may be coming up in the near future that I could get a job in Tokyo under the Status of Forces Agreement (SOFA) that would put me there for 3-5 years. I'm already working hard on ER and have reached my early 20's and hold almost $300K in managed assets (no I'm not pro enough to try being a bogglehead
In Tokyo I would make less than I would like to make but would be getting a housing allowance of ~90K that MUST be spent and can not be pocketed. I can use this allowance to rent or to buy (stipulation being that I can only receive 1/10th the purchase price or the ~90K whichever is lower).
With this being the case I would think that it would be best to try to purchase a property at the lowest price I could that would max out my allowance and hope for the 5 years instead of 3 so I could pay off half of it with money that is not my own.
I've done the research and it seems best to buy land with a home on it that is ~5 years old so that the value of the home has properly depreciated but it still has value left in it for renting/selling after I've finished my 3-5 years (living quarters value [not the land though] in Tokyo plummets immediately after being built almost like a car off the lot in the US).
Does anyone here have info on buying property in Tokyo especially if you know about doing it while under SOFA? I don't know where to get started and could really use the help.