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Author: Lampert, Greg Publisher: Canadian Housing Export Centre ISBN: Category : Housing Languages : en Pages :
Book Description
Japan is one of the world's largest housing markets - housing starts averaged 1.5 million dwelling units annually during 1994-1997 period. This level of annual japanese housing starts exceeds that of the United States over the same period (1.4 million) and dwarfs the 134,000 average annual starts in Canada. Much of the market for housing products and services in Japan relates to the construction of single-family housing, which compromises roughly half of the country's total annual housing starts. Many countries including Canada are aggressively targeting Japan as a market for housing-related exports. Access to market informationa and research expertise represents an important barrier to Canadian housing firms that are seeking to explore export opportunities in Japan. This report comprises Phase I of a two-phase attempt to assist in this regard. Commissioned by the Canadian Housing Export Centre within Caanda Mortgage and Housing Corporation, the report highlights the availability, sources and quality of housing market information in Japan. The intent is to inform the Canadian housing industry about how to access important information on the Japanese market. The Phase 2 study will provide an analysis of prospects for Canadian exports and an analysis of the penetration of imports into this market.
Author: Lampert, Greg Publisher: Canadian Housing Export Centre ISBN: Category : Housing Languages : en Pages :
Book Description
Japan is one of the world's largest housing markets - housing starts averaged 1.5 million dwelling units annually during 1994-1997 period. This level of annual japanese housing starts exceeds that of the United States over the same period (1.4 million) and dwarfs the 134,000 average annual starts in Canada. Much of the market for housing products and services in Japan relates to the construction of single-family housing, which compromises roughly half of the country's total annual housing starts. Many countries including Canada are aggressively targeting Japan as a market for housing-related exports. Access to market informationa and research expertise represents an important barrier to Canadian housing firms that are seeking to explore export opportunities in Japan. This report comprises Phase I of a two-phase attempt to assist in this regard. Commissioned by the Canadian Housing Export Centre within Caanda Mortgage and Housing Corporation, the report highlights the availability, sources and quality of housing market information in Japan. The intent is to inform the Canadian housing industry about how to access important information on the Japanese market. The Phase 2 study will provide an analysis of prospects for Canadian exports and an analysis of the penetration of imports into this market.
Author: Canada Mortgage and Housing Corporation Publisher: ISBN: Category : Building materials industry Languages : en Pages : 30
Book Description
Japan is one of the world's largest housing markets - housing starts averaged 1.5 million dwelling units annually during 1994-1997 period. This level of annual japanese housing starts exceeds that of the United States over the same period (1.4 million) and dwarfs the 134,000 average annual starts in Canada. Much of the market for housing products and services in Japan relates to the construction of single-family housing, which compromises roughly half of the country's total annual housing starts. Many countries including Canada are aggressively targeting Japan as a market for housing-related exports. Access to market informationa and research expertise represents an important barrier to Canadian housing firms that are seeking to explore export opportunities in Japan. This report comprises Phase I of a two-phase attempt to assist in this regard. Commissioned by the Canadian Housing Export Centre within Caanda Mortgage and Housing Corporation, the report highlights the availability, sources and quality of housing market information in Japan. The intent is to inform the Canadian housing industry about how to access important information on the Japanese market. The Phase 2 study will provide an analysis of prospects for Canadian exports and an analysis of the penetration of imports into this market.
Author: Yukio Noguchi Publisher: University of Chicago Press ISBN: 0226590208 Category : Business & Economics Languages : en Pages : 280
Book Description
Although Japan and the United States are the world's leading economies, there are significant differences in the ways their wealth is translated into living standards. A careful comparison of housing markets illustrates not only how living standards in the two countries differ, but also reveals much about saving patterns and how they affect wealth accumulation. In this volume, ten essays discuss the evolution of housing prices, housing markets and personal savings, housing finance, commuting, and the impact of public policy on housing markets. The studies reveal surprising differences in housing investment in the two countries. For example, because down payments in Japan are much higher than in the United States, Japanese tend to delay home purchases relative to their American counterparts. In the United States, the advent of home equity credit may have reduced private saving overall. This book is the first comparison of housing markets in Japan and the United States, and its findings illuminate the effects of housing markets on productivity growth, business investment, and trade.
Author: Miki Seko Publisher: Springer ISBN: 9811333696 Category : Business & Economics Languages : en Pages : 290
Book Description
This book addresses essential questions about housing by building theoretical models based on various real world problems in Japan and testing these models using econometric methods. Almost all related empirical analyses use Japanese household longitudinal data. Accordingly, the author analyzes whole aspects of the data, based on an understanding of the actual situation, theory, and empirical analysis, to directly derive a vision of a future housing policy. Why are houses expensive and difficult to obtain in Japan? Why do people have to live in small houses? Why do people not relocate frequently? Why is the earthquake insurance subscription rate so low, particularly in an earthquake-prone country such as Japan, even after such a catastrophic event as the Great East Japan Earthquake of 2011? How do existing housing finance and tax policies or laws relate to these real world problems? To answer these questions, the book clarifies the unique criteria that characterize housing problems in Japan and presents a vision of future housing policy. The short answer is that existing housing finance policy that adopts criteria based on the floor space of houses creates incentives for people to live in even smaller houses. Furthermore, the Japan Rental Act, which affects people renting homes, reduces residential mobility. The incidence of underinsurance against earthquake risk is a result of earthquake insurance market imperfections such as crude and rough geographical risk ratings. The book elaborates on these factors in four parts and will be of interest to all readers who are concerned with the housing market and household behavior in Japan.
Author: Tomoko Kubo Publisher: Springer ISBN: 9811379203 Category : Science Languages : en Pages : 175
Book Description
This book explores how Japanese cities have transformed since the 1950s by describing housing and urban planning policies, urbanization processes, and maps with GIS analysis. It also discusses how housing vacancies have increased in shrinking Japanese cities, with case studies in Tokyo, Kyoto, Hiroshima, and Utsunomiya, and examines public–private partnerships and civil engagement to revitalize cities. Providing examples of how Japanese cities have addressed the issues of aging populations and urban shrinkage, it contributes to better decision-making by politicians, planners, local authorities, NPOs, and local communities in many rapidly urbanizing and potentially aging regions such as Asia. In the era of urban shrinkage, Japanese cities have struggled with aging populations, low fertility, population loss, and a decline in the economic base over decades. In particular, shrinkage in metropolitan suburbs and large cities (e.g., sites of prefectural government with 300 000–400 000 inhabitants) has caused serious social problems owing to the huge aging population and large areas covered. One typical problem that has emerged is an increase in vacancies in now empty and abandoned housing.
Author: Yosuke Hirayama Publisher: Routledge ISBN: 1134176295 Category : Architecture Languages : en Pages : 232
Book Description
Bringing together a number of perspectives on the Japanese housing system, Housing and Social Transition in Japan provides a comprehensive, challenging and theoretically developed account of the dynamic role of the housing system during a period of unprecedented social and economic change in one of the most enigmatic social, political, and economic systems of the modern world. While Japan demonstrates many of the characteristics of some western housing and social systems, including mass homeownership and consumption-based lifestyles, extensive economic growth and rapid urban modernization has been achieved in balance with traditional social values and the maintenance of the family system. Helpfully divided into three sections, Housing and Social Transition in Japan: explores the dynamics of the development of the housing system in post-war Japan deals with social issues related to housing in terms of social aging, family relations, gender and inequality addresses the Japanese housing system and social change in relation to comparative and theoretical frameworks. As well as providing challenges and insights for the academic community at large, this book also provides a good introduction to the study of Japan and its housing, economic, social and welfare system generally.
Author: Yasushi Asami Publisher: Springer Nature ISBN: 9811588481 Category : Law Languages : en Pages : 335
Book Description
This open access book presents recent research and hot topics in the field of real estate science in Japan. It features carefully selected English translations of peer-reviewed papers and excellent articles published in the Japanese Journal of Real Estate Sciences, as well as papers presented at the Japan Association of Real Estate Sciences (JARES) annual conference. The topics covered include market analyses of vacant houses, policies for reuse of vacant houses, property tax policy, issues of land for which the owners are unknown, disaster and real estate values, the siting optimization plan and its influence on real estate, big data and ICT technology for the real estate business, and public real estate management.Real estate science in Japan has developed in step with international research in the fields of law and economics, regional science, civil engineering, environmental science, architectonics, and related areas. At the same time, it has evolved into a unique discipline that focuses on policy-oriented practical science with arguments for the reform of outdated laws, regulations, and traditional customs. Asian countries are currently growing rapidly and are catching up with developing countries. The lessons learned and know-how accumulated by JARES is helpful for practitioners and policymakers not only in Japan, but also in other Asian countries.
Author: Keiko Nosse Hirono Publisher: Springer Nature ISBN: 9811949255 Category : Business & Economics Languages : en Pages : 127
Book Description
This book analyzes housing policy in terms of the quality of housing, theoretically and empirically. The analysis is prompted by the Japanese government’s success in increasing the volume of housing through interest rate policy, as is shown by Vector Autoregession (VAR) analysis in this book; consequently, the focus of housing policy in Japan is now the quality of housing. This is the first book to analyze and propose housing monetary policy and housing subsidy policy to improve the quality of housing, which increase the number of houses that are barrier-free and earthquake resistant. This book is also the first to focus on appropriate valuation of housing using hedonic price function and the quality of houses. Using the method of valuation developed and proposed in this book, market clearing prices of houses can be calculated without analytical and theoretical error. Toward this end, the disclosure of information – the offer prices and attributes – of houses is proposed as a housing policy. In addition, in this research the author has developed a method to estimate the hedonic price index and rent index using the quality of houses for the first time in Japan. With hedonic price and rent functions, the author shows the extent to which differences in home ownership investment are caused by differences in information about the property. This finding shows the need to explore an appropriate method of valuation of houses. The propositions of this book can help companies benefit from the use of the hedonic housing valuation and hedonic price and rent indexes.
Author: Lampert, Greg
Author: Lampert, Greg
Author: Canada Mortgage and Housing Corporation
Author: Yukio Noguchi
Author: Yasushi Asami
Author: Miki Seko
Author: Tomoko Kubo
Author: Yosuke Hirayama
Author: Yasushi Asami
Author: Keiko Nosse Hirono
Author: Fumio Ohtake