Posted Apr 4, 2024, 2:24 PM
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Registered User
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Join Date: Sep 2008
Posts: 4,542
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I didn't get deep on Tokyo's real estate affordability except from those articles that pop up from time to time on Bloomberg and other outlets. I assume, however, it's cheaper than it was previously to the bubble burst.
It's just another example on how GDP converted on USD don't tell much on how things work on the ground. Hence the 2011 US$ 13,000 GDP per capita Brazil was materially poorer than the 2021 US$ 8,000 GDP per capita Brazil.
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