❗️Tokyo is the most affordable global city in terms of property prices and rent, even compared to major cities like London, New York, Shanghai, and Beijing.
🏙️Tokyo's approach to urban planning involves constantly building new housing and demolishing older buildings, resulting in a flexible housing market that adapts to current demand.
📏Japanese zoning laws encourage mixed-use zones and do not restrict the type or density of housing, allowing for efficient use of space and diverse buildings in one neighborhood.
👥Tokyo's centralized decision-making process for urban planning bypasses the nimby phenomenon, allowing for more housing development to meet the needs of the population.
✅Tokyo's successful approach to affordable housing proves that housing crises are not inevitable and can be solved by building more and implementing effective urban planning strategies.