That’s Stephen Smith in a Next City post about differences between housing markets in Japan and the Anglosphere, and the consequences for housing affordability. Do read the entire piece. In it Smith cites Demographia’s latest report on housing affordability, a report for which the Urbanization Project’s Alain Bertaud wrote the forward. Here’s an excerpt:
You can find the remainder of Alain’s forward here, along with the rest of the report.
Tile image courtesy of enggul.