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A comment on The High Cost of Expensive Housing (and How Auckland Fixed It). Parent comment

Re:The High Cost of Expensive Housing (and How Auckland Fixe... by robocat on Monday January 30, 2023 @03:21AM (#34577184)
But watch the dynamics in New Zealand: retirees sell up in expensive places and retire to cheap places. That is the driver for house prices in lots of places outside of Auckland? The same thing must happen with retirees moving away from Tokyo?
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Re:The High Cost of Expensive Housing (and How Auckland Fixe... by ido on Monday January 30, 2023 @03:25AM (#34577208)
Japanese invest in other things not in their housing (as housing is cheap, they can). Also I believe retirees do not as a rule move away from Tokyo? Here in Germany it's neither expected nor common for people to leave the cities they live in when they retire.
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Re:The High Cost of Expensive Housing (and How Auckland Fixe... by skhr0680 on Tuesday January 31, 2023 @08:02AM (#34594532)
It’s common for urban Japanese to have a big old family home waiting for them in the countryside when they retire.
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