Comment by rootusrootus
10 days ago
Unfortunately that does not seem to have helped them keep housing affordable. Looks just as bad as anywhere else.
10 days ago
Unfortunately that does not seem to have helped them keep housing affordable. Looks just as bad as anywhere else.
Source? I've always thought of Tokyo as a rare example of abundant and affordable housing among major world cities. Their rent to income ratio is like 0.3 while most major global cities are 0.35-0.4
tokyo is cheaper than most cities relatively to the average income but you have to consider the fact that many apartments are like 20 - 30 m^2