56 karma · joined September 6, 2017
But more practically speaking, from the perspective of say, the mayor of a town in Japan - he has revenue being conciously directed towards him from mostly anonymous citizens of the country. Reciving a real (monetary) gift from someone you hardly know definitely would require a reciprocation. In some ways, sure, you're reciprocating to your hometown for your education/etc, but it's not being seen that way from the town's perspective.
There's also the factor that the redirected tax revenue is a physical thing, where as the 'education and life experience' imbued upon a child growing up is a rather non tangible gift .
Certainly it is a (somewhat mitigated) loophole that can be exploited, so in that respect it is not good. But weighed against the positive impact for the rural towns and the connection it makes back to hometowns, you could argue it's worth it.
There are reasons, but just ones that you don't agree with or haven't thought of. You need to understand that reciprocation is in the culture, and people are not purely rational economic actors. It's entirely possible some towns would outright refuse 'assistance' without being able to reciprocate somehow.
So that means a -8.7% change from July to August alone.
Numbers for recent months - Detached houses in "416" area code: August: $1,191,052 July: $1,304,288 June: $1,386,524 May: $1,503,868 April: $1,578,542
http://www.trebhome.com/market_news/release_market_updates/n...