Open AccessTransformation of the Housing Market in Tokyo since the Late 1990s: Housing Purchases by Single-person Households
Author(s) -
Takekazu Kubo,
Yoshimichi Yui
Publication year - 2011
Publication title -
asian studies/asian studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.23
H-Index - 5
eISSN - 2350-4226
pISSN - 2232-5131
DOI - 10.4312/as.2011.15.3.3-21
Subject(s) - diversification (marketing strategy) , single family , business , order (exchange) , marketing , real estate , finance
This study aims to clarify the correlation between the transformation of the Japanese housing market and the increasing number of single-person households in Japan, with a special focus on the supply of compact condominiums. In order to achieve the abovementioned purpose, the changes in the Japanese housing market and diversification of the Japanese household structure are described. Finally, the features of the supply strategies of condominium suppliers, which reflect the diversification of the household structure and increasing need for condominiums by single-person households in central Tokyo, are examined.