Japan has 5x our population and only 24% of their tiny nation is not mountainous.
Their bottom end of the market should be worth at least 10 x the bottom end of our market."
Rubbish while space restricts where you can grow, where people want to live is just as big an influence. End result in both cases is higher land prices in those areas and higher density living. For what you get for your money far better value here.
