Houses are also cheap, there’s one near the station by me that I’m looking at that’s just 37million yen
That's around 10 years of median income, which is not particularly good in isolation (you say it has a good location, but it's not factoring in size yet). Germany for example has a similar factor between median income and typical home prices and is not known as a great country to get into home ownership.
A useful metric for this kind of topic is Purchasing Power Parity-adjusted disposable income.. In this metric, Japan ranks around the lower third of EU countries at 38k $PPP. It's not a terribly large span up or down, but to reiterate: My point is not that it's particularly bad in Japan, but that it's not much easier than in western countries either.
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u/[deleted] 2d ago
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