According to Yahoo Real Estate, Tokyo is the second most expensive city in the world, following Luanda, Angola. So you might want to consider that when planning your next vacation. Movies are a little bit cheaper in Luanda, but lunch will set you back considerably.
Thanks to overvaluation of the yen in recent years, Tokyo remains a pricey place to live, followed by Nagoya, Yokohama and Kobe in third, fourth, and fifth places.
Remember the good old days when $1 was 360 yen? Not many people do. Back before the Great Depression, my mother-in-law’s parents immigrated to the US. They farmed in Southern California (Imperial Valley, as far as we can tell), made a little money, moved back to Japan where their funds were worth quite a bit more, and never had to work another day in their lives. (Come to think of it, my mother-in-law and her younger sister were born after their parents had effectively retired.)
Nowadays, I suppose I could dream of doing the opposite. Close up shop in Japan and move back to California; maybe buy a house that has lost half of its value in the past couple of years. I wonder if the Oakland A’s still have Dollar Wednesdays…
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