|
|
|
|
|
by Konichivalue
1327 days ago
|
|
Yes, the numbers are a bit skewed by the fact that more people live alone in Tokyo than Paris or NYC, but it's definitely true that you get more square meters per $ in Tokyo. Also, it is true that people on Tokyo on average earn less than NYC, London and Paris, but they also spend a smaller percentage of their total income on housing, so housing is cheaper in PPP terms too. I'll dig out the exact numbers tomorrow if anyone is interested, but now I'm out in one of Tokyo's extremely cheap bar districts having skewers and beers for less than $10 |
|
For example if Tanaka's salary is $500 lower because the company is partially paying for their place, that means on paper his salary is lower, the price of the place is MUCH lower, and the ratio of housing/salary is also lower, than if he received those $500 and then used it to pay for the house.