3 ms·
Tokyo is not shrinking yet, but Tokyo housing is still plentiful and affordable.
by aikinai 3y ago
Tokyo is not shrinking yet, but Tokyo housing is still plentiful and affordable.
- makeitdouble 3y agoI wondered if it was just a perception difference...I didn't get the feeling housing was still affordable, but it might depend on individual needs. To get an external perspective, average house pricing [0] and average rent [1] have stably rose, while average wages have stayed basicslly flat [2] during these years: [0] https://japanpropertycentral.com/2019/09/new-apartment-prices-in-japan-since-1956/ https://japanpropertycentral.com/2019/09/new-apartment-price... [1] https://www.statista.com/statistics/1202559/japan-rent-for-apartments-in-greater-tokyo-by-layout/ https://www.statista.com/statistics/1202559/japan-rent-for-a... [2] https://www.nippon.com/en/japan-data/h01631/ https://www.nippon.com/en/japan-data/h01631/