Japan - Housing Cost Overburden
Since 2014, Japan Housing Cost Overburden decreased by 3points year on year. In 2019, the country was ranked number 18 comparing other countries in Housing Cost Overburden at 16.9 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Japan is overtaken by Estonia, which was number 17 with 17 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by Norway at 16.4 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece topped the ranking with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, a growth of 1.3points compared to 2018. Chile, Luxembourg and Spain respectively ranked number 2, 3 and 4 in this ranking. Luxembourg witnessed the best average annual growth at +6.4points per year, while Estonia was the worst growing country at -7.6points per year.
| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 16.90 |
| 2018 | 17.10 |
| 2017 | 17.40 |
| 2016 | 17.20 |
| 2015 |
How does Japan rank in Housing Cost Overburden?
| # | 30 Countries | Percent of Households Devoting More Than 40% of their Income to Housing Costs | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
40.30 % | 2019 | +1.3 % | -0.8 % | View data | |
| 2 |
#2
Chile
|
37.40 % | 2019 | +3.6 % | NA | View data | |
| 17 |
#17
Estonia
|
17.00 % | 2019 | -1.7 % | -7.6 % | View data | |
| 18 |
#18
Japan
|
16.90 % | 2019 | -1.2 % | -3.0 % | View data | |
| 19 |
#19
Norway
|
16.40 % | 2019 | +1.2 % | -0.4 % | View data | |