The housing question in Japan |
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Authors: | Yoshitsugu Kanemoto |
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Affiliation: | Faculty of Economics, University of Tokyo, 7-3-1 Hongo, Bunkyo-ku, Tokyo 113, Japan |
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Abstract: | This article first examines how bad housing conditions are in Japan based on international comparisons. The next question is whether the extremely high land prices in Japan can be explained by economic logic. We then turn to more specific housing policy questions that are peculiar to or important in Japan, such as the tax advantages of owning land that have caused under-utilization of land and the reasons why the average size of Japanese rental housing is so small. |
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Keywords: | Housing Land price Housing policy Japan Land taxation Land use control |
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