Ad
related to: average home cost in japan compared
Search results
Results from the WOW.Com Content Network
In the 1980s, a new home in Japan cost 5-8 times the annual income of the average Japanese, and 2-3 times that of an average American. [9] The typical loan term for Japanese homes was 20 years, with a 35% down payment, while in the United States it was 30 years and 25%, due to differing practices in their financial markets.
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
The US is far from the only country where people are fed up with housing costs, per a Gallup survey. Japan is the only rich country where more than 70% of respondents were satisfied with housing.
For premium support please call: 800-290-4726 more ways to reach us
The annual income of the average Japanese family had increased to $20,000, about 40% of all homes were equipped with microwave ovens or air conditioners, more than 8 out of 10 families had electric sewing machines, 2 out of 3 families owned a passenger car and at least one tape recorder, and more than 99% of all households contained colour ...
“Prices are rising but wages are not keeping up,” said another survey respondent from Tokyo, explaining their pick. Tax also topped the vote in 2014, when Japan raised consumption taxes.
Average land prices (per 1sq. metre) in Tokyo residential areas recorded an increase of 45% (compared to 1985), while average land prices (per 1sq. metre) in Tokyo commercial districts jumped approximately 122% (compared to 1985). Land prices in Tokyo industrial sites jumped about 14%. (per 1sq. metre) [13]
Ad
related to: average home cost in japan compared