Minato-ku = ward of Tokyo, home to Shinagawa, Azabu, Roppongi, etcpic.twitter.com/YHgPZC48hD
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Minato-ku = ward of Tokyo, home to Shinagawa, Azabu, Roppongi, etcpic.twitter.com/YHgPZC48hD
Is it a meme that Tokyo house prices were already exorbitantly high?
Maybe before the bubble burst. What is not a meme is that LAND prices in Tokyo are very high...but willingness to build keeps housing cheap
So when you say "land" do you mean that home ownership is very expensive compared to rent?
No I mean *land,* not counting whatever's built on it. Home ownership is fine if you don't build on much land.
So in practice, how expensive is housing? You can't have housing without land, land costs have to be factored in.
Yes that's what I'm trying to say; housing is relatively cheap in Japan, in spite of high land costs
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