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Old 14th November 2012, 08:20 PM
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Default If I moved to Tokyo, how big would my house be?

Hi gang. I work with a Real Estate company. We set out to calculate how much the typical American home is worth in comparison to what you'd get if you sold it and moved overseas. Boy, were we surprised!

The typical American home is worth $250,000, and if you put that toward a place in Tokyo, it would only be about 128 square feet. Yikes!

Is it worth it? Maybe if you love Tokyo it is!
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Old 12th December 2012, 08:03 PM
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Exclamation Ouch

Quote:
Originally Posted by nickjohnss View Post
Hi gang. I work with a Real Estate company. We set out to calculate how much the typical American home is worth in comparison to what you'd get if you sold it and moved overseas. Boy, were we surprised!

The typical American home is worth $250,000, and if you put that toward a place in Tokyo, it would only be about 128 square feet. Yikes!

Is it worth it? Maybe if you love Tokyo it is!
Japan has a huge population and a small landmass, so the density issue is not surprising to me... Still, I didn't think it would be quite so bad as 128 square feet (!!). And even after almost 20 years of sluggish growth, their real estate costs are still that high? Brutal.
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