This is both false and true. Japan has a few things happening that are keeping rates lower, but the primary thing keeping costs low in Japan is the fact that the units are tiny. I’m not talking a little on the small side, I’m talking 200 square feet or less per person in a family home. No yards either.
If you compare Japan to the dwelling sizes of other nations, it’s just as bad or worse per square foot.
The end goal for solving housing should not be to make the rooms as small as possible. Especially in countries where land space isn’t the limiting factor.
fireweed@lemmy.world 1 week ago
Japan is an outlier for numerous reasons, the biggest of which is that housing value there decreases over time (without going into the causes, the result is a feedback loop where housing isn’t built to last, so it depreciates like other semi-short-lived products, such as cars). This isn’t something the government planned, it came about naturally. So I wouldn’t say they’ve “solved” housing so much as their situation has made it a non-issue.
finitebanjo@lemmy.world 1 week ago
Japan also has longtime low population growth due to a mixture of nationalist anti-immigration and just generally low birthrates.