Also, Japanese national debt is 258% of GDP. I don't know how much incentives are put into housing but I got to imagine the government is spending it everywhere.
The housing is also built poorly and houses are rebuilt every few decades.
Housing here isn’t built for the super long term, this is true - but it is built to much stricter codes than the US with respect to earthquake safety, and I wouldn’t say the typical modern American home is built to stand the test of time either.
Here they just build a lot more smaller units in much closer proximity here, and roads are much smaller which in itself probably doubles the buildable land in the city. They also have a strong transit network which means the available land to reasonably commute from is vast; you can get considerably cheaper than my rent or live in a bigger home if you lived say a 15 min walk from a train station a bit further from the center instead (similar properties to mine that are say a 45min-1hr commute to central Tokyo via bus/cycle + train can go for $350 or so, and you’d literally be living in proximity to farms (Tokyo contains a significant amount of rural countryside contrary to most people’s imagination).
I really think the American built environment is totally dysfunctional and prioritizes land speculators and motor vehicles over the people who actually live there. People here actually intend to live in their homes instead of being investment vehicles, to be a part of their neighborhoods, and to not risk their lives every time they enter public spaces. That makes it possible for working class people to afford to buy a home and for children to walk to school on their own.
How are the utilities built to sustain such densities? Curious because in most cases, density is limited by the capacity of utilities in that area.
I've read that the Japanese simply don't like living in older buildings, so their housing stock is built with the understanding that it will be torn down and rebuilt on fairly short timescales. I've also read that the frequency of small earthquakes in Japan makes building for the long term very difficult (earthquake damage to structures is cumulative) so it's easier to build housing with a short design life.
However, I don't read a word of Japanese so I have no idea if either of these stories are accurate.