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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.
Private schools are considerably more expensive: as of 2013, the average annual cost of private primary school attendance was ¥1,295,156 per student, roughly thrice the ¥450,340 cost for a public school. [36] Japan's compulsory education ends at grade nine, but less than 2% drop out; 60% of students advanced to senior education as of 1960 ...
Japan is known for bullet trains, an amazing cuisine and some of the cleanest, litter-free streets in the world. Overall, the nation is a beautiful place to both visit and live. In addition to its ...
In Japan, for example, most people are actually quite satisfied with housing costs. That's according to Gallup's annual World Poll , which surveyed more than 37,000 people across 38 OECD countries ...
Since 1987, Japan has adopted the principle of a 40-hour week. If people work over eight hours per day, 40 hours per week, or on holidays (and one "weekend" day a week), or at late night (10pm to 5am), they are entitled to overtime pay. Under the Labor Standards Act of 1947 article 37, this is 25% of pay, or 35% on holidays. Since 2010, a rate ...
Famously one of life’s only two certainties, “tax” has been chosen by the Japanese public as its word of the year, reflecting rising costs of living and much-discussed tax reforms in the ...
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