Houses in Tokyo once were considered expensive globally, but currently prices in Tokyo are only about 28% more expensive than in China on average. Japan on average is cheaper than China. And Tokyo compared to Shenzhen is only about 13% more expensive.

But wealth is about 2000% higher and wages are 440% higher in Japan.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi... https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe... https://www.numbeo.com/property-investment/compare_cities.js...