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Originally Posted by Raven_Writer
As much as I want to believe this, I can't...please show proof of this (honestly, because it does interest me).
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Tokyo is the most expensive city in the world to buy property. Homes go for $1300 US per square foot. New York is at $890 a square foot, more than 30% cheaper. My friend just bought a house here in Richmond for ~$150 a square foot.
A 400 square foot apartment would be over $500,000 in Toyko. I don't have any information on who owns what in Toyko, but the data shows that it is extremly expensive to live there, and that is with the market falling. During the late 80s/early 90s, before the Japanese land market bust, the paper value ~280 acres of the Imperial Palace would have bought all of California.
Wetzel