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.

Housing (per sqft relative to income) in Japan is cheap if you're making American wages.

Anything anywhere is cheap if you're making American wages.

That's how the empire works.

I don't think London is cheap, American wages or not.

London is also part of the imperial core.

Yikes there is no empire

Japanese real estate is a minefield (https://catforehead.com/2022/11/09/planned-obsolescence/)

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.

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

> Depopulation

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