Japanese condos now cost 10x average salary, study finds.

New condos in Japan now exceed 10 times the average salary, driven by rising costs and increased foreign buyer interest.

Yo, check this out! New condominiums in Japan are now hitting prices over 10 times the average annual salary. Can you believe it? Tokyo Kantei dropped these stats, and it’s looking rough out there.

Wages aren’t keeping pace with all this craziness, so developers are eyeing the more luxury end of the market. Plus, foreign buyers are jumping in because the weak yen makes it a deal for them, which just pushes prices even higher. It’s wild!

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