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Backyard Coffee and Jazz in Kyoto

(thedeletedscenes.substack.com)
592 points wyclif | 1 comments | 23 Jun 25 14:37 UTC | HN request time: 0s | source
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mupuff1234 ◴[23 Jun 25 15:01 UTC] No.44356504[source]▶
It all goes back to zoning laws and regulations.
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Cthulhu_ ◴[23 Jun 25 15:11 UTC] No.44356617[source]▶
And economic viability; can the owner make a living wage with this setup, or do they have other income sources? What is their total cost of living?
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1776smithadam ◴[23 Jun 25 15:16 UTC] No.44356672[source]▶
Again, goes back to zoning laws.

Housing is the biggest expenditure for people in America and many parts of the world. Housing is cheap is Japan so people can get by on much less.

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spacemadness ◴[23 Jun 25 15:47 UTC] No.44356964[source]▶
The one country that seems to do housing right and not consider it an investment vehicle. Unlike our depressing situation that is tearing society apart.
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1. timr ◴[23 Jun 25 17:14 UTC] No.44357868{3}[source]▶
Housing is absolutely an investment vehicle in Japan. It's just that Japan has been economically stagnant for 30+ years, bordering on deflation, and anywhere outside of a first- or second-tier city is effectively dying. Couple that with the Japanese cultural distaste for pre-owned housing, and this is the outcome.

If you operate a rental in any area outside of the core of the major cities, you are in the business of charging a huge monthly premium over a property value that is rapidly depreciating to zero. This is fundamentally different than the US.