Gov't estimates Japan quake damage will reach ¥2.6 tril

A rebuilding support fund providing up to 3 million yen for completely destroyed properties will also be disbursed to households.

Where's the money come from? Another tax increase? From Japanese debt?

Where's the money come from? Another tax increase? From Japanese debt?

Some of it will come from the government. But there’s also a thing called “insurance”.

People's home insurance premiums will double again, probably.

My insurance coverage for natural disasters including earthquakes etc. doubled last year.

Cut back on wars aid and travels abroad and we will be just fine.

About US $26 Billion. Chump Change for the Japan.

About US $26 Billion. Chump Change for Japan.

David BrentToday  08:36 am JST

People's home insurance premiums will double again, probably.

My insurance coverage for natural disasters including earthquakes etc. doubled last year.

Moreover, no guarantee to be covered in any case.

people who subscribe a loan for a Japanese house are screwed.

keep the money to pay for a hotel or a flight ticket in case...

I wonder how much of this calculation was based on no-bid, LDP/Yak cabal contracts?

How much of this is going to be spent on genuine reconstruction, and how much goes in kickbacks?

Roads and infrastructure can't be helped, but the costs relating to housing are another example of why people should not be allowed to live in houses that are likely to collapse. Reinforcing such houses costs way less than replacing them. It saves lives, saves communities, and saves the local government having to rehouse some crazy high percentage of local residents all at the same time.

there is not enough workforce to even rebuild the collapsing Japan.

the reconstruction will be way more expensive. even wood becomes difficult to buy....

Is there enough concrete and building materials? The demand will outstrip the supply.

Every time I see that office building at the top of this article I wonder how they will ever bring it down. Obviously, I am no expert but will they use explosives or lots of man power? One thing tho, they should concentrate on rehousing first, the people come first...always.

opheliajadefeldt

Every time I see that office building at the top of this article I wonder how they will ever bring it down. By using demolition machines. No explosives are needed.

Just keep that yen printing press running.

How much of that money will be spent rebuilding infrastructure in towns and villages that will be naturally depopulated in 15-20 years?

The government on Thursday said damage to infrastructure from the earthquake that rocked central Japan on New Year's Day may reach as high as 2.6 trillion yen.

It's said that the 2011 East Japan Earthquake caused damage in the amount of 16.9 trillion yen; the 1995 Hanshin-Awaji Earthquake in the amount of 16 to 25 trillion; the 2016 Kumamoto Earthquake 9000 billion. This time, the damage is estimated to amount to 2.6 trillion yen. 

And how much is the Kishida government planning to pay the U.S government for the purchase of 400 Tomahawks? 400 x 1,000,000,000 = 400,000,000,000 or 400 billion yen.