Re:Japan's 18-year-olds at record-low 1.06 million
by Golden_Wind123 on Monday January 01, 2024 @11:13AM
(#38832861)
Japan is probably a good example for your rural to urban migration example.
Anecdotally I hear that the big cities like Tokyo are becoming more expensive (as everyone moves there) while smaller cities (<500,000 people) and rural areas are becoming cheaper, but I don't have a reference or data on hand for it.
Re:Japan's 18-year-olds at record-low 1.06 million
by FirmwareBurner on Monday January 01, 2024 @01:27PM
(#38834032)
Sure, the current market is down right now due a but due to interest rates hike and the economy being shit, but check the period from 2010 to 2022 please. It went up up up despite a stagnant population.
Like another reply said, it's more likely that general movement from rural to urban is what's causing that, and that if their population growth was higher, those cities would've just gotten even more expensive than they're getting now.
Germany: https://www.statista.com/statistics/1150526/annual-house-pri... Italy: https://www.immobiliare.it/en/mercato-immobiliare/