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Joined 2 years ago
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Cake day: June 13th, 2023

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  • 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 because it’s a poor long-term investment, 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.















  • The article seems a bit scant on details re: why people are leaving. Is it because the youth are unsatisfied with the quality of life available in the country? Are they seeking a more western-style way of life (perhaps one that’s more secular)? Is this yet another case of younger generations getting pushed out because they cannot find success in a place where all the good homes and jobs are tightly clutched by the older generations? Or is there something completely different causing the mass migration out of the country? The article mentions “the economy” but that could mean so many things, especially when much of the world is also still struggling with post-covid fallout in one way or another.