4 ms·
It’s working in Japan
by andrewmutz 1y ago
It’s working in Japan
- sadeshmukh 1y agoI wouldn't believe most in the US would live in Japanese style housing at all.
- EstanislaoStan 1y agoWhy not?
- kiba 1y agoMost homes in Japan aren't built in the traditional Japanese style at all IIRC.
- sadeshmukh 1y agoI was referring to the little space and tiny storage. Pay isn't exactly great for the rent either.
- MobiusHorizons 1y agoMy understanding was that Japanese housing costs are only good in USD because the yen is devalued. I had the impression that housing is expensive relative to local wages. Is that not true?
- andrewmutz 1y agoIt's not true. Here is an apples-to-apples comparison of the price of residential property between the US and Japan in real (inflation adjusted) terms. https://fred.stlouisfed.org/series/QJPR368BIS https://fred.stlouisfed.org/series/QJPR368BIS https://fred.stlouisfed.org/series/QUSR628BIS https://fred.stlouisfed.org/series/QUSR628BIS