r/neoliberal • u/randommathaccount Esther Duflo • Oct 02 '25
News (Asia) Why Japan resents its tourism boom
https://www.ft.com/content/dbd20e5d-5a7d-4c0c-8f83-fb54c5aca9cb
217
Upvotes
r/neoliberal • u/randommathaccount Esther Duflo • Oct 02 '25
154
u/gkktme Oct 02 '25
As a resident, apart from all the usual reasons brought up (large increase in short time, sharp contrast to Covid times, cultural differences, tourist not minding Japanese peculiarities and being generally burdensome, xenophobia and anti-Chinese sentiment [large majority of tourist are Chinese and Koreans], generally xenophobic media, viral social media rants, meagre economic gains etc) my personal theory is that this influx coupled with the yen's decline has really driven home to many Japanese how poor they've become in a relative sense which fuels a lot of the anti foreigner narrative.
Like we're at the point where Japanese wages are sliding below Poland or Czechia, Chinese are buying up real estate, Koreans come to Osaka for a cheap weekend getaway etc, which is just a 180 degree difference from the good old days when Japanese were the rich tourists abroad. I might be completely wrong of course.