Affordable Coffin-Sized Homes In Japan – Capsule Hotel

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image source and copyright: CNN

image source and copyright: CNN

Once a symbol of Japan’s prosperity, Tokyo’s (world’s most expensive city) capsule hotels are finding a new resident: the working poor (Jobless and homeless). The capsules cost about $30 a night, around $700 to $1000 per month after discount. Japan’s capsule hotels now coffin-sized homes (Video)

For Miura, it has everything he needs for the night: a bed, a TV and radio. At the ground floor there’s a shared bath and sauna.
Most importantly, it’s cheap. The capsules cost about $30 a night. If he had to stay for a month, it would cost $700 to $1000, a housing bargain in Tokyo, ranked by Mercer as the world’s most expensive city.

“When people lose their jobs in Japan, they fall into poverty immediately,” says Kawazoe. “Rents are extremely expensive. Due to the lack of affordable housing, underpaid laborers can’t rent a room. They end up homeless, even if they’re working.”

image source and copyright: CNN

With a record budget deficit never seen before in history and 20 years of stagflation (an economic situation in which inflation and economic stagnation occur), affordable capsule housing is not going to be affordable anymore.

They might as well introduce a ‘coin slot’ solution to be, rent the capsule by the hour instead of a full day.

image source: flickr

No difference.

image source: fade youth blog

Google for ‘Paris Hilton Dog House’.

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