Is the house price in Japan expensive?

In terms of purchasing power, R Japanese housing prices are not expensive.

First of all, from the perspective of income, according to the investigation of the National Tax Agency of Japan, the average annual wage income of Japanese in 20 13 years is 4140,000 yen. Ten times this amount, that is, more than 40 million yuan, can buy a decorated house (70 square meters) for the whole family to live in, an hour's commute from downtown Tokyo. The commuting time of 1 hour mentioned here, with an area of 70 square meters, is the most typical family living condition, and it is certainly not luxurious if it is not wronged.

Second, financing is easy. It is not entirely impossible for a Japanese with a stable job to apply for a zero down payment housing loan. Even if it is difficult to make a zero down payment, it is easy to make a 10% down payment. And the loan interest rate is lower than 1% (for Jinli);

Third, there is little pressure to buy a house. Japanese law protects tenants greatly, and renting a house will basically not cause the landlord to raise prices or even drive people away. Therefore, many people rent houses all their lives. If you really want to buy a house, wait until you have children after marriage and your family structure is stable. It can be said that there is no need to buy a house when you get married. If the market is not tough, house prices will naturally not rise.

Fourth, there is no such thing as a school district with China characteristics. Finally, some media said that Japanese housing prices have risen recently. In fact, only some high-end apartments in downtown Tokyo have gone up. Who is the buyer? Overseas investors who buy assets because of the depreciation of the yen, and rich people who avoid inheritance tax.