News for hackers. Stuff that matters.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by Cthulhu_ on Friday November 18, 2022 @09:48AM (#33655486)
Strange, I was always under the impression that Japan was super expensive. Maybe that's just getting there and the popular tourist destinations.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by bryanlarsen on Friday November 18, 2022 @10:12AM (#33655830)
Japan was super expensive 30 years ago when I lived there and had the perspective of a broke student. But the prices in yen haven't changed in those 30 years, and prices in dollars have gone down slightly. Don't you wish you could pay 90's prices today? You can, just go to Japan!
Re:Japan's inflation hits 40-year high as weak yen fans impo... by xrd on Friday November 18, 2022 @10:38AM (#33656257)
You and I should swap stories sometime. I tell my kids that when I lived there thirty years ago, also as a broke student, that I would load up on pickled ginger when I went out to sushi with friends because it was free (along with the warm towel and the bill.)
Re:Japan's inflation hits 40-year high as weak yen fans impo... by triceratops on Friday November 18, 2022 @10:04AM (#33655721)
I've always heard the opposite - that things like food and housing are quite cheap for a developed country. As long as you aren't expecting those things to be Western-style.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by pooper on Friday November 18, 2022 @10:29AM (#33656097)
I remember as a child (in the late nineties?) reading something about a new ferry transit or some kind of new transportation where a cup of coffee cost ¥300? I have never been to Japan so my math is JPY 100 = USD 1 so three dollars for a coffee which sounds expensive, right?

It is one of the weird things that get stuck in my head for no reason. No idea why I was reading random local news from Japan.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by ekianjo on Friday November 18, 2022 @10:33AM (#33656167)
> housing are quite cheap for a developed country

you must be joking.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by usui on Friday November 18, 2022 @10:35AM (#33656201)
No, the poster is not. We're talking about the world's third largest economy by GDP, and I have first-hand experience with being on the market for Japanese real estate, today. You want to hear a joke? Try San Francisco Bay Area. Then look at the price of a house in Tokyo.

And my God, the construction, convenience, and technology of Japanese houses beats the living crap out of the shoddy construction you see in the Bay Area. Do you get less usable land square-meters wise? Sure. But if you can concede that, the deal is way better.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by hooverd on Friday November 18, 2022 @11:27AM (#33657079)
Housing (per sqft relative to income) in Japan is cheap if you're making American wages.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by nivenkos on Friday November 18, 2022 @12:07PM (#33657808)
Anything anywhere is cheap if you're making American wages.

That's how the empire works.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by adamc on Friday November 18, 2022 @12:37PM (#33658383)
I don't think London is cheap, American wages or not.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by ElevenLathe on Friday November 18, 2022 @01:39PM (#33659657)
London is also part of the imperial core.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by conviencefee999 on Friday November 18, 2022 @02:16PM (#33660465)
Yikes there is no empire
Re:Japan's inflation hits 40-year high as weak yen fans impo... by recurser on Friday November 18, 2022 @12:29PM (#33658220)
Japanese real estate is a minefield (https://catforehead.com/2022/11/09/planned-obsolescence/)
Re:Japan's inflation hits 40-year high as weak yen fans impo... by usui on Friday November 18, 2022 @01:28PM (#33659397)
That article: Yawn. Couldn't care less about what it has to say.

I'm interested in Japanese houses because I want to live in it like a regular human being, for today. I'm not inerested in buying a house in San Jose because I have moral and ethical beliefs against propping up the housing-as-an-investment industry as if I'm some kind of investor.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by largepeepee on Friday November 18, 2022 @10:55AM (#33656541)
Housing is typically cheaper in Japan because:

1. Depopulation

2. Efficient zoning laws

3. Rapid depreciation of home value over time due to natural risks(earthquake etc) and cultural norms

Re:Japan's inflation hits 40-year high as weak yen fans impo... by Yeahsureok on Friday November 18, 2022 @02:43PM (#33660904)
> Depopulation

Tokyo has been growing at a much faster rate than NY or LA.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by nikau on Saturday November 19, 2022 @02:14AM (#33667848)
Housing doesn't seem overly cheap to me if you are looking at equivalent floorspace.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by ekianjo on Friday November 18, 2022 @10:32AM (#33656159)
He's being paid in USD.
Re:Japan's inflation hits 40-year high as weak yen fans impo... by eloisant on Friday November 18, 2022 @10:57AM (#33656578)
Yes it used to be expensive in the 90's but it stayed flat while the rest of the world saw inflation especially in housing.

And yes, if you see it as a touristic destination it's not cheap, just as doing tourism in NYC isn't cheap at all.

Re:Japan's inflation hits 40-year high as weak yen fans impo... by spike021 on Friday November 18, 2022 @11:09AM (#33656773)
IME being there for a month, the public transportation costs add up but food and housing (provided you stay at cheap-ish hotels) are extremely reasonable unless you're constantly getting the fanciest meals.