While the units are half the size of an average studio apartment in Tokyo, they have 12-foot ceilings and an attic-like loft for sleeping. They are also stylish, with pristine white floors and walls, and with some efficient arranging, it is possible to squeeze a washing machine, a fridge, a sofa and a work desk inside.
The apartments are not for those on a really tight budget. Cheaper apartments can be found, though they are usually decades old. But the microapartments, which rent for $340 to $630 a month, are a couple hundred dollars less than other studio apartments in similar areas. And they are situated near trendy locations in central Tokyo like Harajuku, Nakameguro and Shibuya, which are generally quite expensive, with luxury boutiques, cafes and restaurants. Most of the buildings are close to subway stations — the top priority for many young people.
Over two-thirds of the buildings’ residents are people in their 20s, who in Japan earn on average about $17,000 to $20,000 a year, according to government data. (Wages in Tokyo are on the higher end.) Some are drawn by the minimal initial fees and the lack of a deposit or “gift money” — a nonrefundable payment to the landlord that can be as much as three months’ rent — for many rentals.
The small spaces work for the lifestyle of many young Japanese. In Japan, it is not customary to hosts guests in homes, with nearly a third of Japanese people saying they have never had friends over, according to a survey by Growth From Knowledge, a data provider for the consumer goods industry.
Article source: https://www.nytimes.com/2022/10/03/business/tiny-apartments-tokyo.html