japan slow on consoles cause everyone is broke, link

http://www.cnn.com/2007/TECH/internet/05/08/japan.cyberhome.reut/index.html

 in this article i discovered today, it basically says that most young people are broke because of the economy. While they have SOME money they dont have enough to afford housing and a lot are turning to internet cafes which charge only a fraction of hotels, while still providing entertainment that most young people like, internet, mangas, tv, free soda, and even a shower.

if you think of the age group that the economy is most impacting, its not too hard to see why console sales are not spectacular. In the article it says young people "the freeters" mostly work for $8 an hour jobs and have far more priorities (like housing) to consider and housing is very expensive, especially in toko.

It turns out that the ones acquiring these console systems are either very young kids who have well off parents buy it for them. Or they have a steady career in which they excaped the bad economy trend which arent many. The freeters usually range from mid to late 20s in age.  

I just saw Fast and Furious Tokyo Drift and they are NOT broke. Everyones got money and they give away 100k dollar cars to people they just met.Carmilla31

Comedy gold! :lol:

Now cows are saying the reason for poor PS3 sales in Japan is because Japanese people are poor...ROFL

Hasn't stopped them buying 10 billion Wii's and DS's every second.

yo, im the biggest 360 fan probably in this forum. I dont consider myself a fanboy, but i love the entire xbox concept and ms vision, i heavily dislike sonys vision. I never owned a ps2 or a ps3 so are you sure you want to call me a cow?

all systems are selling relatively poorly, especially xbox over in japan. Atleast ps3 has somewhat of an intact brand loyalty but its even failing because of the price and the reason i listed above. THE ECONOMY 

looks like these are ppl that were fired or laid off. you know like what happened after the internet bubble burst in the US. but that didn't keep us from buying ps2's did it?

Now cows are saying the reason for poor PS3 sales in Japan is because Japanese people are poor...ROFL

Hasn't stopped them buying 10 billion Wii's and DS's every second.

Bullets4Brains

Sounds like a better exscuse for the lemmings than for the cows.

Now cows are saying the reason for poor PS3 sales in Japan is because Japanese people are poor...ROFL

Hasn't stopped them buying 10 billion Wii's and DS's every second.

Bullets4Brains

[QUOTE="Bullets4Brains"]

Now cows are saying the reason for poor PS3 sales in Japan is because Japanese people are poor...ROFL

Hasn't stopped them buying 10 billion Wii's and DS's every second.

Carmilla31

Well we are pretty cheap when you think about it. In truth, I think our nation has some of the cheapest people and were just to proud to not admit it because we are simply Americans.  

Well we are pretty cheap when you think about it. In truth, I think our nation has some of the cheapest people and were just to proud to not admit it because we are simply Americans.  djxaquaxblue