Nearly 80% of Japan’s Airbnbs removed in response to new home-share law

Re:Nearly 80% of Japan’s Airbnbs removed in response to new ... by mason55 on Friday June 08, 2018 @03:47PM (#17269079)

> In the three years I have been here the rents have risen probably 15% or so - it means even with promotions and pay rises you just keep up.

Well, except you also have 15% more money after paying rent as well. If you save the same percentage of your overall income then your absolute savings went up 15%. And if you assume that all your other costs are not rising as quickly (maybe fair, maybe not) then you could save a higher percentage of your income because your salary grew faster than your costs as a whole.

It's the same argument why living in SF or NYC is worth it even with the high cost of housing.

[ Parent | on HN ]

Re:Nearly 80% of Japan’s Airbnbs removed in response to new ... by alexgmcm on Saturday June 09, 2018 @04:37AM (#17272114)

No, I mean my salary went up at most 15-20% in that time.

So it means even with promotions etc. you just break even - it feels like you are just working for your landlord.

That said, it is still better than London where the situation is just untenable and I prefer the quality of life here as well. (sadly so do all the tourists!)

[ Parent | on HN ]