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In the 1980s, a new home in Japan cost 5-8 times the annual income of the average Japanese, and 2-3 times that of an average American. [9] The typical loan term for Japanese homes was 20 years, with a 35% down payment, while in the United States it was 30 years and 25%, due to differing practices in their financial markets.
This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
In Japan, for example, most people are actually quite satisfied with housing costs. That's according to Gallup's annual World Poll , which surveyed more than 37,000 people across 38 OECD countries ...
A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs. [1] [2] [3] Housing affordability is one contribution to the cost of living in an area; measured by the cost-of-living index. [3]
The number of vacant residential properties in Japan has hit 8.99 million, an increase of 500,0000 from 2018 and an 80% surge from 20 years ago. ... flipped upside down in Japan, where each home ...
Housing in Japan (4 C, 6 P) J. Japanese businesspeople in real estate (1 C, 3 P) R. Real estate companies of Japan (1 C, 2 P) Residential buildings in Japan (4 C, 1 P)