LEADER 05621cam a2200649 i 4500001 99125735835306421 005 20220421154049.0 006 m o d 007 cr cnu|||unuuu 008 190517s2019 si a ob 001 0 eng d 019 1101387663110517352211071509751111071047111507340711228158141126180511113637485011427365831155937079115635155311609972421162756824 020 9789811333699 (electronic bk.) 020 9811333696 |q(electronic bk.) 020 9789811333705 |q(print) 020 981133370X 020 |z9789811333682 |q(print) 020 |z9811333688 024 7 10.1007/978-981-13-3369-9 |2doi 024 8 10.1007/978-981-13-3 035 (OCoLC)1101615493 |z(OCoLC)1101387663 |z(OCoLC)1105173522 |z(OCoLC)1107150975 |z(OCoLC)1111071047 |z(OCoLC)1115073407 |z(OCoLC)1122815814 |z(OCoLC)1126180511 |z(OCoLC)1136374850 |z(OCoLC)1142736583 |z(OCoLC)1155937079 |z(OCoLC)1156351553 |z(OCoLC)1160997242 |z(OCoLC)1162756824 035 (OCoLC)on1101615493 037 com.springer.onix.9789811333699 |bSpringer Nature 040 GW5XE |beng |erda |epn |cGW5XE |dEBLCP |dUKMGB |dOCLCF |dOH1 |dLQU |dUPM |dYDX |dVT2 |dLEATE |dOCLCQ |dUKAHL |dN$T |dNLW |dOCLCO |dOCLCQ |dOCLCO |dCOM 043 a-ja--- 050 4 HD7367.A3 |bS45 2019 072 7 KCU |2bicssc 072 7 BUS067000 |2bisacsh 072 7 KCVS |2thema 082 04 363.5/5610952 |223 100 1 Seko, Miki, |d1948- |eauthor. 245 10 Housing markets and household behavior in Japan / |cMiki Seko. 264 1 Singapore : |bSpringer, |c2019. 300 1 online resource (xv, 290 pages) : |billustrations (some color) 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 text file 347 |bPDF 490 1 Advances in Japanese Business and Economics, |x2197-8859 ; |vvolume 19 504 Includes bibliographical references and index. 520 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. 588 0 Online resource; title from PDF title page (SpringerLink, viewed May 17, 2019). 505 0 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. 650 0 Housing policy |zJapan. 650 7 Housing policy. |2fast |0(OCoLC)fst00962432 651 7 Japan. |2fast |0(OCoLC)fst01204082 655 0 Electronic books. 655 4 Electronic books. 776 08 |iPrint version: |z9789811333682 776 08 |iPrint version: |z9789811333705 830 0 Advances in Japanese business and economics ; |v19. |x2197-8859 910 |cD0402ebk |d3110-17 |gYBP 960 |o1 |zUSD 961 |fBB |hPQE1U |iPQE |j1U |m311017 |neBook 980 16216602 |i109.00 982 |celf3 984 20220916 |b084532 |cYBP-US