國立虎尾科技大學 |

Housing Markets and Household Behavior in Japan

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Housing Markets and Household Behavior in Japan/ by Miki Seko.
Author:	Seko, Miki.
Description:	XV, 290 p. 25 illus., 18 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Urban economics. -
Online resource:	https://doi.org/10.1007/978-981-13-3369-9
ISBN:	9789811333699

Housing Markets and Household Behavior in Japan
Seko, Miki.

Housing Markets and Household Behavior in Japan[electronic resource] /by Miki Seko. - 1st ed. 2019. - XV, 290 p. 25 illus., 18 illus. in color.online resource. - Advances in Japanese Business and Economics,192197-8859 ;. - Advances in Japanese Business and Economics,8.

Chapter 1 Introduction: Purpose and Organization of This Book -- Part I Housing Markets and the Macro Economy -- Chapter 2 House-Price Dynamics and Effects on the Macro Economy -- Chapter 3 Housing Market Imperfections and Distortions Resulting from Criteria Based on House Floor Space -- Chapter 4 Housing and Housing Finance Markets -- Part II Housing Tenure and Changes in Economic Welfare -- Chapter 5 Effects of Systems and Regulations on Residential Mobility -- Chapter 6 Housing Tenure Choice After the Revision of the Rental Act -- Chapter 7 The Term Premium of Cancellable Lease Rates -- Part III Earthquake Risk and the Residential Market -- Chapter 8 Earthquake Risk and a Quality of Life Index -- Chapter 9 Valuation of Earthquake Risk in Housing Markets -- Chapter 10 Consumer Valuation of Earthquake Risk before and after Massive Earthquakes -- Chapter 11 Earthquake Insurance Subscription Rates and Regional Cross-Subsidies -- Part IV Households’ Behavioral Responses after the Great East Japan Earthquake -- Chapter 12 Perceived Preparedness and Attitude of Japanese Households toward Risk Mitigation Activities following the Great East Japan Earthquake: Earthquake Insurance Purchase and Seismic Retrofitting -- Chapter 13 Households’ Risk Mitigation Activities and Risk Perception Bias: Earthquake Insurance Purchase and Seismic Retrofitting -- Part V Policy Implications of This Book -- Chapter 14 Conclusion: Policy Implications and Future Research -- Index.

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. .

ISBN: 9789811333699

Standard No.: 10.1007/978-981-13-3369-9doiSubjects--Topical Terms:

568283
Urban economics.

LC Class. No.: HT321

Dewey Class. No.: 330.91732

Housing Markets and Household Behavior in Japan
LDR:04502nam a22003975i 4500 001 1013286
003 DE-He213
005 20200706103717.0
007 cr nn 008mamaa
008 210106s2019 si | s |||| 0|eng d
020 $a 9789811333699 $9 978-981-13-3369-9
024 7 $a 10.1007/978-981-13-3369-9 $2 doi
035 $a 978-981-13-3369-9
050 4 $a HT321
072 7 $a KCU $2 bicssc
072 7 $a BUS067000 $2 bisacsh
072 7 $a KCVS $2 thema
082 0 4 $a 330.91732 $2 23
100 1 $a Seko, Miki. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1227021
245 1 0 $a Housing Markets and Household Behavior in Japan $h [electronic resource] / $c by Miki Seko.
250 $a 1st ed. 2019.
264 1 $a Singapore : $b Springer Singapore : $b Imprint: Springer, $c 2019.
300 $a XV, 290 p. 25 illus., 18 illus. in color. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
490 1 $a Advances in Japanese Business and Economics, $x 2197-8859 ; $v 19
505 0 $a Chapter 1 Introduction: Purpose and Organization of This Book -- Part I Housing Markets and the Macro Economy -- Chapter 2 House-Price Dynamics and Effects on the Macro Economy -- Chapter 3 Housing Market Imperfections and Distortions Resulting from Criteria Based on House Floor Space -- Chapter 4 Housing and Housing Finance Markets -- Part II Housing Tenure and Changes in Economic Welfare -- Chapter 5 Effects of Systems and Regulations on Residential Mobility -- Chapter 6 Housing Tenure Choice After the Revision of the Rental Act -- Chapter 7 The Term Premium of Cancellable Lease Rates -- Part III Earthquake Risk and the Residential Market -- Chapter 8 Earthquake Risk and a Quality of Life Index -- Chapter 9 Valuation of Earthquake Risk in Housing Markets -- Chapter 10 Consumer Valuation of Earthquake Risk before and after Massive Earthquakes -- Chapter 11 Earthquake Insurance Subscription Rates and Regional Cross-Subsidies -- Part IV Households’ Behavioral Responses after the Great East Japan Earthquake -- Chapter 12 Perceived Preparedness and Attitude of Japanese Households toward Risk Mitigation Activities following the Great East Japan Earthquake: Earthquake Insurance Purchase and Seismic Retrofitting -- Chapter 13 Households’ Risk Mitigation Activities and Risk Perception Bias: Earthquake Insurance Purchase and Seismic Retrofitting -- Part V Policy Implications of This Book -- Chapter 14 Conclusion: Policy Implications and Future Research -- Index.
520 $a 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. .
650 0 $a Urban economics. $3 568283
650 0 $a Real estate management. $3 557730
650 0 $a Public administration. $3 562473
650 0 $a Econometrics. $3 556981
650 1 4 $a Urban Economics. $3 1102857
650 2 4 $a Real Estate Management. $3 1102129
650 2 4 $a Public Administration. $3 796112
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9789811333682
776 0 8 $i Printed edition: $z 9789811333705
830 0 $a Advances in Japanese Business and Economics, $x 2197-8859 ; $v 8 $3 1263373
856 4 0 $u https://doi.org/10.1007/978-981-13-3369-9
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)