3 ms·
You're the one ignoring reality. In your defense, basically every clueless voter living in the US and a lot of Europe does it too, though. In Tokyo, you can w
by VRay 5y ago
You're the one ignoring reality. In your defense, basically every clueless voter living in the US and a lot of Europe does it too, though.
In Tokyo, you can work part time as a non-union, non-salaried janitor or a nail stylist and make enough to live within 20 minutes of the bustling heart of downtown. That's due to light zoning restrictions making housing into a depreciating asset for everybody instead of a stupid fucking pyramid scheme
https://www.worksinprogress.co/issue/the-housing-theory-of-everything/ https://www.worksinprogress.co/issue/the-housing-theory-of-e...
- brigandish 5y agoI can't believe that anyone who actually lives or has lived in Japan and who has also lived outside of Japan could defend the property market in Japan, so I am willing to presume that you are not in that group. It's a corrupt, poorly regulated market that suits the construction industry and produces - on the whole - ugly, poorly insulated and tiny living spaces, surrounded by concrete (again, the amount of concrete used seems to be driven by corruption) that leads to overpriced land and buildings that depreciate so much that they are destroyed within one or two generations. A quick search of this site alone will bring you reams of complaints about Japanese housing and plenty of good reasons why it should not be held up as an exemplar.
- HarryHirsch 5y agoNever set feet into Japan, but the US construction industry is no better. The only difference is that what you get isn't tiny and made from concrete, instead it's huge and made from sheetrock and chipboard. But it's ugly, shoddy, poorly insulated and overpriced. And the industry and the permitting process is corrupt.