Demographics and the Housing Market: Japan's Disappearing Cities PDF Download
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Author: Yuko Hashimoto
Publisher:
ISBN: 9781513557700
Category :
Languages : en
Pages : 34
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Book Description
How does a shrinking population affect the housing market? In this study, drawing on Japan's experience, we find that there exists an asymmetric relationship between housing prices and population change. Due to the durability of housing structures, the decline in housing prices associated with population losses is estimated to be larger than the rise in prices associated with population increases. Given that population losses have been and are projected to be more acute in rural areas than urban areas in Japan, the on-going demographic transition in Japan could worsen regional disparities, as falling house prices in rural areas could intensify population outflows. Policy measures to promote more even population growth across regions, and avoid the over-supply of houses, are critical to stabilize house prices with a shrinking population.
Author: Yuko Hashimoto
Publisher:
ISBN: 9781513557700
Category :
Languages : en
Pages : 34
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Book Description
How does a shrinking population affect the housing market? In this study, drawing on Japan's experience, we find that there exists an asymmetric relationship between housing prices and population change. Due to the durability of housing structures, the decline in housing prices associated with population losses is estimated to be larger than the rise in prices associated with population increases. Given that population losses have been and are projected to be more acute in rural areas than urban areas in Japan, the on-going demographic transition in Japan could worsen regional disparities, as falling house prices in rural areas could intensify population outflows. Policy measures to promote more even population growth across regions, and avoid the over-supply of houses, are critical to stabilize house prices with a shrinking population.
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1513529420
Category : Business & Economics
Languages : en
Pages : 87
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Book Description
This Selected Issues paper assesses the relationship between demographic trends and housing prices in Japan. Among various issues in the context of regional disparities, the paper focus on regional differences in population dynamics to try and understand to what extent demographic trends have influenced housing market prices in Japan in the past twenty years. Large cities, notably the Greater Tokyo area, are experiencing net migration inflows, while other regions are experiencing net migration outflows. Due to the durability of housing compared to other forms of investment, the magnitude of house price declines associated with population losses is larger than that of house price increases associated with population gains. These model-based predictions are likely to underestimate the actual fall in house prices associated with future population losses, as expectations of lower housing prices in the future could trigger more population outflows and disposal of houses, especially in rural areas. The paper suggests policy measures to help close regional disparities and avoid potential over-investment by taking account of demographic trends for housing supply.
Author: Kimiko Tanaka
Publisher: Springer Nature
ISBN: 3031363310
Category : Electronic books
Languages : en
Pages : 461
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Book Description
This book enables readers to understand contemporary Japanese society and culture. Since it is written by experts, it allows readers to start with any chapters they are interested in. It also provides a unique way to introduce Japanese society and culture to those who have never visited or studied Japanese society by reading articles from various authors on topics such as gender, family, economy, natural disasters and politics and laws. It provides scholars, academics, graduate students and the general educated audience all the information required to understand contemporary Japanese society and culture fully and see the diverse perspectives available.
Author: Leung, Charles K.Y.
Publisher: Edward Elgar Publishing
ISBN: 1789908493
Category : Business & Economics
Languages : en
Pages : 480
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Book Description
This Handbook collects a set of academic and accessible chapters to address three questions: What should real estate economists know about macroeconomics? What should macroeconomists know about real estate? What should readers know about the interaction between real estate and macroeconomics?
Author: Koen De Leus
Publisher: Lannoo Meulenhoff - Belgium
ISBN: 9401409021
Category : Business & Economics
Languages : en
Pages : 634
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Book Description
The future is uncertain but for one thing: the global economy is in disarray. Investors, companies and governments must rethink their approach in light of raging inflation, the ongoing climate crisis and an ageing population. In addition, they have to deal with the highest mountain of debt ever accrued in peacetime, disruptive innovations and the effects of multiglobalisation. So much is happening simultaneously, making it difficult to distinguish the big waves from the small hypes. Which economic developments are here to stay and which are transient? How will interest rates evolve? Which emerging countries will become tomorrow's global powers? Which sectors offer the most opportunities? Macroeconomist Koen De Leus and market strategist Philippe Gijsels take a deep dive into the inner workings of our economy. They identify the five major trends that will dominate our lives and our money over the next 30 years. With in-depth analyses and concrete advice, they offer guidance, reveal connections and temper alarmism. The New World Economy in 5 Trends shows how you can surf global megatrends and successfully invest in our changing reality. 'The coming decades present challenges, but also opportunities. This book helps you surf the waves, or at least keeps you from being swallowed up by the tsunami.'
Author: Tomoko Kubo
Publisher: Springer
ISBN: 9811379203
Category : Science
Languages : en
Pages : 186
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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: Alan Mallach
Publisher: Island Press
ISBN: 1642832278
Category : Architecture
Languages : en
Pages : 338
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Book Description
Over the past hundred years, the global motto has been "more, more, more" in terms of growth - of population, of the built environment, of human and financial capital, and of all manner of worldly goods. But reality is changing from the population boom of the 1960s and 1970s, as the earth's population begins to decline. In Smaller Cities in a Shrinking World, urban policy expert Alan Mallach seeks to understand how declining population and economic growth, coupled with the other forces that will influence their fates, particularly climate change, will affect the world's cities over the coming decades. Mallach has woven together his vast experience, research, and analysis in this fascinating, realistic-yet-hopeful look at how smaller, shrinking cities can thrive, despite the daunting challenges they face.
Author: Josef Kreiner
Publisher: BRILL
ISBN: 9789004105164
Category : History
Languages : en
Pages : 602
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Book Description
Is Japanese society essentially different from other modern industrialized societies, or not? This survey work with contributions from the leading scholars in this complicated field, presents a full overview of the most important aspects of Japanese society which may lead the reader to find an answer to these two often-asked questions. Japanese society, defined as those institutions shaping the life of individuals and groups, as well as being responsible for the dynamics of social development, is shown to be as modern as any other industrialized society; definitely distinct, though, are the ways in which institutions are defined and organised as a result of different social and historical roots of the process of modernization.
Author: Léna Mauger
Publisher: Simon and Schuster
ISBN: 1510708286
Category : Social Science
Languages : en
Pages : 179
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Book Description
Every year, nearly one hundred thousand Japanese vanish without a trace. Known as the johatsu, or the “evaporated,” they are often driven by shame and hopelessness, leaving behind lost jobs, disappointed families, and mounting debts. In The Vanished, journalist Léna Mauger and photographer Stéphane Remael uncover the human faces behind the phenomenon through reportage, photographs, and interviews with those who left, those who stayed behind, and those who help orchestrate the disappearances. Their quest to learn the stories of the johatsu weaves its way through: A Tokyo neighborhood so notorious for its petty criminal activities that it was literally erased from the maps Reprogramming camps for subpar bureaucrats and businessmen to become “better” employees The charmless citadel of Toyota City, with its iron grip on its employees The “suicide” cliffs of Tojinbo, patrolled by a man fighting to save the desperate The desolation of Fukushima in the aftermath of the tsunami And yet, as exotic and foreign as their stories might appear to an outsider’s eyes, the human experience shared by the interviewees remains powerfully universal.
Author: Urmi Sengupta
Publisher: Taylor & Francis
ISBN: 1351627996
Category : Social Science
Languages : en
Pages : 308
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Book Description
This book offers a comprehensive overview of current housing practices across Asian cities based on facts and trends in the market. For many countries in Asia, the future of housing is now. This future is closely linked to successful theoretical advancement and policy practice in housing studies. This volume brings together twelve chapters divided across four thematic parts that sum up the concept and conditionality of housing in Asian cities. It studies housing through conceptual perspectives and empirical studies to explore established notions, cultures and practices relevant to the 21st-century post-reform context in Asia. Housing and property have long been economic drivers, leading many individual households towards better lives and associated social and community benefits, while also collectively improving the economic base of a city or country. This book examines the nature of the interplay of both state and market in the housing outcomes of these cities. With its extensive geographic coverage across South East Asia, South Asia, and the Far East and a cross section of different income groups, the book will interest reseachers and scholars in urban studies, architecture, development studies, public policy, political studies, sociology, policymakers in local and central governments, housing and planning professionals and commercial firms engaged in property markets or real estate in Asia. It will also provide ideas, tools and good practices for institutional enablement, stakeholders involved in these interventions, private sector organisations and NGOs.
