Housing is pretty affordable in Japan since housing in Japan is not an investment, it depreciates like a car (only the land has value, the house ontop of it has literally negative value since it’s assumed anyone will want to bulldoze it), and their lax zoning allows for continual densification to happen.
Housing is pretty affordable in Japan since housing in Japan is not an investment, it depreciates like a car (only the land has value, the house ontop of it has literally negative value since it’s assumed anyone will want to bulldoze it), and their lax zoning allows for continual densification to happen.