More public housing?
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They have less money to pay rent :/
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Yeah, this is a bit of it. Software engineers out there early ~60k (USD). So the price competition out there doesn’t exist.
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Verticality.
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More skyscrapers and apartments the size of a closet.
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Not really. Real estate prices were extremely high in the 80s. They are extremely high today in China due to speculation. No innate Asian qualities there. But bay area may as well be a bubble when SV crazy funding goes down and salaries correct.
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Between 11 and 24 square meters.
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SF bay area:
area: 18,040 km2
population: 7.8M
density: 425.7/km2
1BR rent: $3.3k
Tokyo bay area:
area: 14,034 km2 (22% less)
population: 37.8M (385% more (4.85x))
density: 2,631/km2
1BR rent: $1k (70% less)
I wonder how they do it. Ah, I guess we'll never know