[OneMorePerson]

This is very imprecise data that I have, but my understanding is that pre-covid Tokyo was around 8M yen median household income, and a median home was around 60M yen, so roughly 7-8x the median HHI. Now it's around 80M for a new home and wages are the same.

Seattle even right now is ~110k ish HHI, median home price is ~$800k, so that's 7-8x, before COVID I think it was around ~650k, so around 6x. Also Seattle is known for being pretty expensive, a lot of cities like Houston have an even better multiplier.

It just doesn't seem that different to me. Feels like a lot of people are unhappy with property prices and think it's uniquely a US problem, whereas the system in the US actually works decently well compared to a lot of places. (It would take many essays for me to list all the flaws, I'm not saying it's perfect I'm just looking at it relatively speaking).

[fortedoesnthack]

You should search based on Tokyo 23-wards or vs the greater metropolitan area. Most people when they refer to Tokyo are referring to the 23 wards.

In that case the numbers are far worse.