Lack of building codes like must have central heat or must have bathroom also can bring housing prices down.
What caught my eye about your comment is central heating. Japan in fact penalizes central heating. Not just not requiring it but going so far as to increase property taxes slightly.
In Japan's case it is a desire to reduce energy intensity in a country dependent on energy imports.
I belive it. Japan housing is so inefficient for a wealthly / highly industriaslied country: It is bizarre!
I tried to Google about this topic, but I did not find anything. Can you provide a hint about your source?
I'm actually interested to know if Melbourne has similar minimum standards. I'm mostly in favour of deregulating residential construction, but after seeing multiple shoddily built apartments with next to no sunlight in the Melbourne CBD, I shifted a bit closer to the "regulation" side of the spectrum.
Tokyo definitely has places without (a) toilets in your apartment (you have access to one in the same building though) and (b) places without showers in building (you'll have to use a bathhouse). The lack of heat might be annoying to some people, and the insulation isn't going to be good enough to let your electric space heater work very well (so get used to using a kotatsu). Now, using a kotatsu isn't bad, but it isn't super convenient.
These are really old buildings. No one is building new housing units like this.
This is like judging places in America based on trailer homes made in the 1960s.
Tokyo had negative population growth in 2022 and is forecasted to continue decreasing in population. That said, these differences existed before Tokyo's population stagnated.
Any such forecasts you can take with a giant heap of salt. 2022 is this year, and isn't even over yet, and is on the tail end of a worldwide pandemic. Many people have moved away from urban cores because of the rise of WFH. Now, according to the news, many companies in the US at least are cracking down on this and demanding workers come back to the office, so it's anyone's guess what housing trends in cities, including Tokyo, will be in the next 5 years.
Lots of additional detail.
Dutchies/Belgies: Is anywhere similar where you live?
Tokyo "city": 1 new home per 96 citizens per year (unconfirmed but reasonable).
Tokyo "metro": 1 new home per 113 citizens per year (confirmed using primary Japanese government sources)
I figured it would compare best if we translated this to "per capita" form. Eyeballing the FRED source[3], looks like California permits 8,000-10,000 new home units per month, or 110,000 per year for a state of 39 million people. This has been (relatively) stable for quite a few years.
The sightline blog quotes WSJ which asserted that Tokyo city built 145,000 new homes in 2018. I was unable to find the source for the WSJ claims -- sightline.org claims that this is just the Tokyo City, not metropolitan, but WSJ makes no such distinction (conclusion is uncertain). However we do have some contextual numbers:
Japan added 942,000 housing starts in 2018 according to Statista[0], whose numbers for 2020 and 2021 perfect match Japanese government numbers[1]. So "Tokyo's" housing starts accounted for 15% of national housing starts. 11% of Japan's population lives in Tokyo "city" and 29% of Japan's population lives in Tokyo "metro". Additionally, Tokyo "metro" ("National Capital Region" - 首 都 圏) added 327,128 homes in 2018[2], and this has also been relatively stable year-to-year. So "145,000" seems reasonable at least.
0: https://www.statista.com/statistics/667913/japan-dwellings-c...
1: https://www5.cao.go.jp/keizai3/getsurei-e/2022sep/4.pdf
2: https://www.lij.jp/pub_f/monthly_data/2019_11.pdf (p. 35, 4th column)
> Tokyo "city": 1 new home per 96 citizens per year (unconfirmed but reasonable).
Are those using the same definition of new home?
According to comments on previous discussions here about housing in Japan, which a bit of Googling seems to corroborate, houses in Japan tend to depreciate with houses becoming worthless in 20 to 30 years. When the owner moves out the new owner often demolishes the old house and builds a new one on the lot.
That's much less common in the US.
To compare to new homes in the US you'd probably not want to count new houses in Japan that are replacements for a recently demolished 20 to 30 year old houses. You'd only want to count new houses that increase the available housing.
And these days, I don't think anyone is demolishing a house after only 20 years. 40-50 years certainly; those structures are unsafe because they don't meet modern buildings codes. Anything built before ~1981 is considered generally unsafe.
(And no, this isn't because of Japan's demographics. While Japan as a whole is stagnating, the population of Tokyo is still increasing as fast as London, New York or the Bay Area because of high rural to urban migration.)
Tokyo is very much proof that NIMBY reforms are the solution to the housing crisis in the West. Deregulating the ability of property developers to build new housing will incontrevirtibly increase supply, blunt runaway housing costs, and make dense cities with high economic opportunity affordable for the middle class.
[1]https://www.vox.com/2016/8/8/12390048/san-francisco-housing-... [2]https://www.sightline.org/2021/03/25/yes-other-countries-do-...