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Houses in the country side are super abundant because so many young people moved to cities. But this article talks about housing Tokyo, where demand has been ve
by keeganjw 8y ago
Houses in the country side are super abundant because so many young people moved to cities. But this article talks about housing Tokyo, where demand has been very strong over the last 20 years. They kept prices low by letting developers build lots of housing, densely. A lot of the housing policy is set by the central government and is more insulated from NIMBY complaints. Also, it's much more common for housing to be prefabbed in factories and assembled on site.