this post was submitted on 11 Sep 2023
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Yes in my backyard!

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In this community, we believe in saying yes to:

Typical YIMBY policies include:

Typical housing crisis "solutions" YIMBYs are wary of:

YIMBYism transcends the typical left-right political divide; please be respectful of fellow YIMBYs with differing political views. That said, please report anyone saying anything hateful or bigoted.

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[article] The Big City Where Housing Is Still Affordable | The New York Times (www.nytimes.com)
submitted 1 year ago by Fried_out_Kombi to c/yimby
2 comments fedilink hide all child comments
 

Non-paywall link: https://archive.ph/VIpSH

Tokyo is the most populous city in the world, and yet

Two full-time workers earning Tokyo’s minimum wage can comfortably afford the average rent for a two-bedroom apartment in six of the city’s 23 wards. By contrast, two people working minimum-wage jobs cannot afford the average rent for a two-bedroom apartment in any of the 23 counties in the New York metropolitan area.

The reason why? It's easy to build new housing in Tokyo.

In Tokyo, by contrast, there is little public or subsidized housing. Instead, the government has focused on making it easy for developers to build. A national zoning law, for example, sharply limits the ability of local governments to impede development. Instead of allowing the people who live in a neighborhood to prevent others from living there, Japan has shifted decision-making to the representatives of the entire population, allowing a better balance between the interests of current residents and of everyone who might live in that place. Small apartment buildings can be built almost anywhere, and larger structures are allowed on a vast majority of urban land. Even in areas designated for offices, homes are permitted. After Tokyo’s office market crashed in the 1990s, developers started building apartments on land they had purchased for office buildings.

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[–] Fried_out_Kombi 8 points 1 year ago (1 children)

If the largest city in the world can be affordable using little more than good old-fashioned YIMBY policies, there's no excuse for much smaller cities still being crazy expensive. I'm looking at you, NYC, Bay Area, Toronto, and Vancouver.

Expensive cities are a policy choice.

[–] [email protected] 1 points 1 year ago

Don't move just yet.

https://resources.realestate.co.jp/rent/upfront-cost-of-renting-an-apartment-in-japan/

In this case, you’ll have to pay between ¥344,600 and ¥466,600 in upfront cash to the landlord and your agent, which is about 5.5 to 7 times the rent!

Key Money

This is a gratuity you pay to your landlord, and it will not be returned to you when you vacate your apartment.

Guarantor Company Fee

A guarantor is a person who is responsible for your rent in case you default on payment. Not every landlord requires a guarantor, but almost all places do.

lease renewal fees are very common in Japan