Abstract

Securing a quantity of houses for citizens has been the priority of housing policies in Japan. However, these policies shifted from quantity to quality in the 21st century, including the promotion of “long-life quality housing (LLQH)”, which contributes to a sustainable and healthy society for the residential sector. Since then, various policies have been introduced at the national and prefectural (local) levels to promote the construction of LLQH. Using panel data for 47 prefectures across seven years, this study aims to analyze the factors that Japanese households choose when constructing LLQH. Although various research on LLQH and similar housing exists, this study is the first attempt to empirically explore the factors that promote LLQH. We found that policy measures covering only LLQH were generally effective in promoting the construction of LLQH, and these policy measures were more effective than those covering both LLQH and other types of housing. National-level measures tended to be effective, whereas prefectural-level measures were not. Furthermore, although the effects of individual measures differed, the overall effects of policy measures were confirmed. In conclusion, providing economic incentives had a positive effect on promoting LLQH, and such measures were successful in achieving the intended purpose.

Highlights

  • Housing policies in Japan after World War II have focused on the quantitative supply of houses to address the shortage of 4.2 million houses caused by damages from the war [1]

  • This study considers only independent housing and not apartments. policypit are the policy measures p intended to promote the building of Long-life quality housing (LLQH), Xcit are the control variables c, α is a constant, θ i is the prefecture-fixed effects, ζ t is the year-fixed effects, εit is an error term, and β1p and β2c are the coefficients

  • The main results of our analyses were fixed-effect (FE) models, but we showed the results of ordinary least squares (OLS) and the analysis without the control variables

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Summary

Introduction

Housing policies in Japan after World War II have focused on the quantitative supply of houses to address the shortage of 4.2 million houses caused by damages from the war [1]. During the country’s period of high economic growth from the late 1950s to the early 1970s, the housing shortage became a more serious issue because of population increases and the influx of people into cities. The Japanese government hurried to increase the supply of housing. During the period of high economic growth, securing large quantities of housing became the priority of the government. The lifetime of Japanese houses became shorter than that in previous periods [1,2]. The share of existing housing distribution (including all types of housing, calculated by existing housing divided by the sum of existing housing and new housing in a year) in the Japanese housing market is 14.7% as of

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