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As far as I can tell, they basically don't build Japanese apartments without outdoor patios. No one has dryers, everyone hangs their clothes outside. But to yo
by jaredklewis 8y ago
As far as I can tell, they basically don't build Japanese apartments without outdoor patios. No one has dryers, everyone hangs their clothes outside.
But to your point, my anecdotal impression is that even though the average 1 bedroom or 2 bedroom in Japan Tokyo is smaller than an equivalent in the US, the price per sq foot in Tokyo is also much less than in New York, San Francisco, or Los Angeles.
Hard to find reliable, cross-country data but this blog post [1] pegs price for rental square foot for SF at $4.75 and Tokyo at $2.79.
It's also true about the parking, but again regulations are at play here. Minimum parking requirements are the norm, not the exception in the US. Developers can’t build less parking even if they want to. Even a giant metropolis like San Francisco didn't start to eliminate minimum parking requirements until the late 90s [2].
1. https://www.rentcafe.com/blog/rental-market/what-is-1500-worth-worldwide-rent-per-square-foot-around-the-globe/ https://www.rentcafe.com/blog/rental-market/what-is-1500-wor...
2. https://www.livablecity.org/parking-history-sf/ https://www.livablecity.org/parking-history-sf/