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Agree it’s not as bad as Vancouver, but housing costs in Tokyo are rising [1]. And speculation by Chinese investors is being blamed, similar to Vancouver. And
by freetime2 3y ago
Agree it’s not as bad as Vancouver, but housing costs in Tokyo are rising [1]. And speculation by Chinese investors is being blamed, similar to Vancouver.
And while I agree that public transportation is excellent, commuting every day on crowded trains, which can take an hour or more for many people, would be hell for me personally.
[1] https://www.reuters.com/markets/asia/surging-tokyo-property-prices-squeeze-out-young-professionals-2023-10-04/ https://www.reuters.com/markets/asia/surging-tokyo-property-...
- throwaway2037 3y agoOnly this year, did the most central parts of Tokyo finally return to their peak property prices from 1989. Tokyo is a steal compared to its "Global Alpha" counterparts.
- nextworddev 3y agoMost haven’t been through 2011 or any decent earthquake over there so they say stuff like this