Comment by BlargMcLarg
3 years ago
>(And no, this isn't because of Japan's demographics. While Japan as a whole is stagnating, the population of Tokyo is still increasing as fast as London, New York or the Bay Area because of high rural to urban migration.)
Tokyo had negative population growth in 2022 and is forecasted to continue decreasing in population. That said, these differences existed before Tokyo's population stagnated.
>Tokyo had negative population growth in 2022 and is forecasted to continue decreasing in population.
Any such forecasts you can take with a giant heap of salt. 2022 is this year, and isn't even over yet, and is on the tail end of a worldwide pandemic. Many people have moved away from urban cores because of the rise of WFH. Now, according to the news, many companies in the US at least are cracking down on this and demanding workers come back to the office, so it's anyone's guess what housing trends in cities, including Tokyo, will be in the next 5 years.