40% of Income Goes to Rent: Why an "Ordinary Life" in Tokyo Is Becoming Fragile [2026 Edition]
An era has arrived in which 40% of income goes to rent just to live "normally" in Tokyo. This article explains why a monthly rent of 170,000 yen has become standard even for households earning 8 million yen a year, along with the structural drivers behind the shortage of new supply and rising rents.