Why the average family in Tokyo can own a new house for $850/month www.curbed.com

While the cost of housing is climbing in many global cities, the average middle-class family in Tokyo can still afford to buy a new, single-family detached home for $300,000.
The typical Tokyo starter home is a brand new three-bedroom.
A new video from Life Where I’m From, a Youtube channel from a Canadian-Japanese family living in Japan, explains the multiple factors that keep Tokyo housing costs lower than you might expect.
The first thing to note is that in Japan, housing isn’t an investment.
This increases the amount of usable residential space and helps builders continue to meet demand, keeping housing costs under control.