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And everything I've heard indicates it has remarkably afffordable housing for a big city. A quick search turned up this article, for example:

http://marginalrevolution.com/marginalrevolution/2016/08/lai...

Seems like "becoming Tokyo" would be an improvement. (But I still find the comparison hyperbolic and ridiculous. It sounds like a deluded scare tactic, frankly.)




This is an excellent video on the subject.

https://www.youtube.com/watch?v=Jv6SbFlZMbU

Short answer: a decent house for a family can be had for about $400k in Tokyo and that's considered expensive.




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