In 2019, the price to income ratio for condominiums in the Greater Tokyo Area in Japan was 8.8. Since 2010, the ratio has increased by 2.6. The price to income ratio is an indicator for housing affordability.
Price to income ratio for condominiums in the Greater Tokyo Area from 2010 to 2019
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The Real Estate Transaction Promotion Center. (October 26, 2020). Price to income ratio for condominiums in the Greater Tokyo Area from 2010 to 2019 [Graph]. In Statista. Retrieved August 16, 2022, from https://www.statista.com/statistics/1202843/japan-price-to-income-ratio-for-condominiums-in-greater-tokyo/
The Real Estate Transaction Promotion Center. "Price to income ratio for condominiums in the Greater Tokyo Area from 2010 to 2019." Chart. October 26, 2020. Statista. Accessed August 16, 2022. https://www.statista.com/statistics/1202843/japan-price-to-income-ratio-for-condominiums-in-greater-tokyo/
The Real Estate Transaction Promotion Center. (2020). Price to income ratio for condominiums in the Greater Tokyo Area from 2010 to 2019. Statista. Statista Inc.. Accessed: August 16, 2022. https://www.statista.com/statistics/1202843/japan-price-to-income-ratio-for-condominiums-in-greater-tokyo/
The Real Estate Transaction Promotion Center. "Price to Income Ratio for Condominiums in The Greater Tokyo Area from 2010 to 2019." Statista, Statista Inc., 26 Oct 2020, https://www.statista.com/statistics/1202843/japan-price-to-income-ratio-for-condominiums-in-greater-tokyo/
The Real Estate Transaction Promotion Center, Price to income ratio for condominiums in the Greater Tokyo Area from 2010 to 2019 Statista, https://www.statista.com/statistics/1202843/japan-price-to-income-ratio-for-condominiums-in-greater-tokyo/ (last visited August 16, 2022)