California: 1 new home per 354 citizens per year (confirmed using primary US government sources).
Tokyo "city": 1 new home per 96 citizens per year (unconfirmed but reasonable).
Tokyo "metro": 1 new home per 113 citizens per year (confirmed using primary Japanese government sources)
I figured it would compare best if we translated this to "per capita" form. Eyeballing the FRED source[3], looks like California permits 8,000-10,000 new home units per month, or 110,000 per year for a state of 39 million people. This has been (relatively) stable for quite a few years.
The sightline blog quotes WSJ which asserted that Tokyo city built 145,000 new homes in 2018. I was unable to find the source for the WSJ claims -- sightline.org claims that this is just the Tokyo City, not metropolitan, but WSJ makes no such distinction (conclusion is uncertain). However we do have some contextual numbers:
Japan added 942,000 housing starts in 2018 according to Statista[0], whose numbers for 2020 and 2021 perfect match Japanese government numbers[1]. So "Tokyo's" housing starts accounted for 15% of national housing starts. 11% of Japan's population lives in Tokyo "city" and 29% of Japan's population lives in Tokyo "metro". Additionally, Tokyo "metro" ("National Capital Region" - 首 都 圏) added 327,128 homes in 2018[2], and this has also been relatively stable year-to-year. So "145,000" seems reasonable at least.
0: https://www.statista.com/statistics/667913/japan-dwellings-c...
1: https://www5.cao.go.jp/keizai3/getsurei-e/2022sep/4.pdf
2: https://www.lij.jp/pub_f/monthly_data/2019_11.pdf (p. 35, 4th column)
3: https://alfred.stlouisfed.org/graph/?g=B0kN