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.)
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.
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.)