How Japan dodged a global housing crisis

Australia’s housing market is in the midst of a crisis that feels like it will never be solved and now housing is one of the major battlefields of the upcoming federal election. In this episode of If You’re Listening originally published last year we head to Japan, where 30 years ago, houses were the most expensive in the world. Today home ownership in Tokyo is comparatively affordable with plenty of housing stock up for grabs – so how did they achieve this massive turnaround? And is it something we could do here in Australia? This episode was originally published on the 28th March 2024Follow If You're Listening on the ABC Listen app.Check out our series on YouTube: https://www.youtube.com/playlist?list=PLDTPrMoGHssAfgMMS3L5LpLNFMNp1U_Nq