2 ms·
The Big City Where Housing Is Still Affordable
- mitchbob 3y agohttps://archive.ph/2023.09.11-140146/https://www.nytimes.com/2023/09/11/opinion/editorials/tokyo-housing.html https://archive.ph/2023.09.11-140146/https://www.nytimes.com...
- adamredwoods 3y agoAs the US struggles with its homelessness problem, there may be lessons learned here. I also wonder about apartment density. I see only large apartment development projects (Seattle), not ones where there may be 6-apartments in a smaller building. I understand the larger apartments is where mass-profitability is for the developers. >> Two full-time workers earning Tokyo’s minimum wage can comfortably afford the average rent for a two-bedroom apartment in six of the city’s 23 wards. By contrast, two people working minimum-wage jobs cannot afford the average rent for a two-bedroom apartment in any of the 23 counties in the New York metropolitan area.