RE: Whoa. The Tsukinos are even richer than I thought.
03-22-2019, 12:17 PM (This post was last modified: 03-22-2019, 12:21 PM by Bob Schroeck.)
03-22-2019, 12:17 PM (This post was last modified: 03-22-2019, 12:21 PM by Bob Schroeck.)
According to the article, real estate is cheaper now than it was then -- although that was a global statement, and the several anime the author examined are not all from the same period.
That said, time to do a little Googling. Let's see...
Assuming that $4 million is today's money, converted with recent exchange rates, let's start by turning that back into Yen -- which gives us ¥439,618,296.31.
Plug that in the wayback calculator and set it for 1992, and we get ... ¥468,218,857.04. Which is, as claimed, higher than today.
The yen-to-dollar exchange rate for April 1, 1992 was 134.5-to-1, which gives us $3,481,181.09 in 1992 bucks.
(Just for funsies, $3,481,181.09 in 1992 bucks is $6,307,950.04 today, showing that the two economies aren't very closely linked.)
If the $4 million is in 1992 dollars, then the house is ¥538,000,000 in 1992 yen -- which would be, huh, ¥505,136,945.81 today. Again showing a drop in prices. But not a hefty one.
So. $4 million vs. $3.5 million, ¥538 million vs. ¥468 million. We're still talking multiple millions. Usagi's family is loaded, at least as far as real estate is concerned. Given their lifestyle as depicted in the anime, I'm betting it's the vast majority of their net worth, and they have the liquidity of an upper-middle-class/lower-upper-class family of the period.
(Just FYI, I used April 1992 for my baseline date and data, and the latest data available for the other end. In some calculators, that was December 2018, in others it was last month.)
That said, time to do a little Googling. Let's see...
- Dollar-to-yen converter (current)
- Historical Dollar/Yen exchange rate chart
- Japanese Inflation Calculator
- US dollar inflation calculator
Assuming that $4 million is today's money, converted with recent exchange rates, let's start by turning that back into Yen -- which gives us ¥439,618,296.31.
Plug that in the wayback calculator and set it for 1992, and we get ... ¥468,218,857.04. Which is, as claimed, higher than today.
The yen-to-dollar exchange rate for April 1, 1992 was 134.5-to-1, which gives us $3,481,181.09 in 1992 bucks.
(Just for funsies, $3,481,181.09 in 1992 bucks is $6,307,950.04 today, showing that the two economies aren't very closely linked.)
If the $4 million is in 1992 dollars, then the house is ¥538,000,000 in 1992 yen -- which would be, huh, ¥505,136,945.81 today. Again showing a drop in prices. But not a hefty one.
So. $4 million vs. $3.5 million, ¥538 million vs. ¥468 million. We're still talking multiple millions. Usagi's family is loaded, at least as far as real estate is concerned. Given their lifestyle as depicted in the anime, I'm betting it's the vast majority of their net worth, and they have the liquidity of an upper-middle-class/lower-upper-class family of the period.
(Just FYI, I used April 1992 for my baseline date and data, and the latest data available for the other end. In some calculators, that was December 2018, in others it was last month.)
-- Bob
I have been Roland, Beowulf, Achilles, Gilgamesh, Clark Kent, Mary Sue, DJ Croft, Skysaber. I have been
called a hundred names and will be called a thousand more before the sun grows dim and cold....
I have been Roland, Beowulf, Achilles, Gilgamesh, Clark Kent, Mary Sue, DJ Croft, Skysaber. I have been
called a hundred names and will be called a thousand more before the sun grows dim and cold....