Since the 1960s, Tokyo has tripled its housing supply, while New York's has grown by only about a third. And because housing is far more abundant in Japan's capital, it's also cheaper.

In Tokyo, there is almost no public or subsidized housing — yet there is also almost no homelessness. Instead of taxpayer-supported housing, the government focuses on allowing developers to build.

Chinese policymakers — who are facing an even more severe housing and demographic crisis than Japan —are at risk of making ...

Aston Martin unveils its first ultra-luxury private residence in Tokyo's prestigious Omotesandō. Explore the bespoke design, ...

Housing advocates believe the reforms don’t go far enough to address affordable housing shortages. Massachusetts needs 222,000 new housing units by 2035, according to a recent state report. Berk said ...

Tokyo isn't dealing with the kind of severe housing supply shortage that many American cities are, in part thanks to loose land-use laws. Tony Cordoza/Getty, Tyler Le/BI 2024-09-14T10:08:02Z ...

Tokyo isn't dealing with the kind of severe housing supply shortage that many American cities are, in part thanks to loose land-use laws. Tony Cordoza/Getty, Tyler Le/BI ...

The Tokyo Metropolitan Government is considering establishing a fund for housing support for the middle class at a time when condominium prices in central Tokyo are soaring, informed sources have ...

Real estate is an option, too. Chinese have emerged as the main buyers of Tokyo apartments costing $3 million or more, and they often pay with suitcases of cash, said Zhao Jie, the chief executive ...

In Tokyo, there is almost no public or subsidized housing — yet there is also almost no homelessness. Instead of taxpayer-supported housing, the government focuses on allowing developers to build.