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You mean a city with higher cost per sqft compared to the bay despite having significantly higher density and no housing shortage?
by kenhwang 8y ago
You mean a city with higher cost per sqft compared to the bay despite having significantly higher density and no housing shortage?
- dionidium 8y agoThat’s not the story anybody else is telling https://www.vox.com/2016/8/8/12390048/san-francisco-housing-costs-tokyo https://www.vox.com/2016/8/8/12390048/san-francisco-housing-... https://www.thenational.ae/business/property/want-affordable-housing-then-take-inspiration-from-tokyo-and-build-more-of-it-1.713304 https://www.thenational.ae/business/property/want-affordable... https://www.forbes.com/sites/scottbeyer/2016/08/12/tokyos-affordable-housing-strategy-build-build-build/#13e1cf4348d5 https://www.forbes.com/sites/scottbeyer/2016/08/12/tokyos-af...
- Fins 8y agoTokyo is also far more livable place with excellent transit, low crime, clean, with much better food. And hell, I've stayed in hotels in Tokyo (perfectly fine ones, although obviously not 5-star ones) that would cost me less for a month than a crappy rental apartment in SJ.
- kenhwang 8y agoOh I definitely agree. Tokyo has done an excellent job keeping housing supply ahead of demand. That means the price of the housing in Tokyo is primarily the cost of T&M for the property, where as the cost of housing in California is almost entirely demand far exceeding supply.