So there’s a ton of countries that I’ve heard have had truly unaffordable housing for decades, like:
- The UK
- Ireland
- The Netherlands
And I’ve heard of a ton of countries where the cost of houses was until recently quite affordable where it’s also started getting worse:
- Germany
- Poland
- Czechia
- Hungary
- The US
- Australia
- Canada
- And I’m sure plenty others
- It seems to be a pan-Western bloc thing. Is the cause in all these countries the same?
- We’ve heard of success stories in cities like Vienna where much of the housing stock is municipally owned – but those cities have had it that way for decades. Would their system alleviate the current crisis if established in the aforementioned countries?
- What specific policies should I be demanding of our politicians to make housing affordable again? Is there any silver bullet? Has any country demonstrably managed to reverse this crisis yet?
Japan has.
This is both false and true. Japan has a few things happening that are keeping rates lower, but the primary thing keeping costs low in Japan is the fact that the units are tiny. I’m not talking a little on the small side, I’m talking 200 square feet or less per person in a family home. No yards either.
If you compare Japan to the dwelling sizes of other nations, it’s just as bad or worse per square foot.
The end goal for solving housing should not be to make the rooms as small as possible. Especially in countries where land space isn’t the limiting factor.
I mean there are a ton of efficiencies to be gained with using communal resources.
Why can’t a bunch of people share a park rather than needing their own back yard?
Not saying it shouldn’t be an option, but the American obsession with detached housing at the cost of higher density housing is a major contributor to insane housing costs.
Japan is an outlier for numerous reasons, the biggest of which is that housing value there decreases over time (without going into the causes, the result is a feedback loop where housing isn’t built to last because it’s a poor long-term investment, so it depreciates like other semi-short-lived products, such as cars). This isn’t something the government planned, it came about naturally. So I wouldn’t say they’ve “solved” housing so much as their situation has made it a non-issue.
