, 3 tweets, 1 min read Read on Twitter
If you had this in Tokyo, you could

a) buy a detached house for cash in any of a variety of places outside the city center and tolerate a middling commute by train

b) buy a *very* desirable condo anywhere in the city

c) buy a slightly less desirable house almost anywhere
And it wouldn't cost you a $300k down payment, it could very plausibly be $20k or $30k, and you wouldn't need $200k income to support the mortgage, you'd need "materially less" than that depending on what tradeoffs you wanted to make.

Tokyo has one secret weapon here. Ready?
Build. More. Homes.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Patrick McKenzie
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!