Except it's wrong. That whole article is full of half-truths and should be taken with a container ship of salt. Housing is affordable in Japan because of zoni

Except it's wrong. That whole article is full of half-truths and should be taken with a container ship of salt. Housing is affordable in Japan because of zoning, full stop. Zoning here doesn't allow NIMBYism, so there's few impediments to building more housing, anywhere it can physically be built. So as long as there's market demand for housing, housing gets built. The devaluation of existing housing structures over time might help some, because it makes it more economically attractive to buy up older properties and demolish them and build bigger, newer buildings on the land. But the real reason is the zoning law, which makes it really hard to stop development.