Home ownership and economic change in Japan

Ray FORREST, Patricia KENNETT, Misa IZUHARA

Research output: Journal PublicationsJournal Article (refereed)

30 Citations (Scopus)

Abstract

The state of the residential property market is an important issue for both the macro economy and for individual households in Japan. Home ownership is the main pillar of housing policy and as a very expensive commodity it has been deeply implicated in the economic problems of the 1990s. This paper considers the role of home ownership within the broader context of the post-war Japanese social structure. The core of the paper is an assessment of the impact of the recent period of financial turbulence on the home ownership sector. This discussion is set within the broader context of the new pressures emerging around the institutional arrangements which have sustained the Japanese social system.
Original languageEnglish
Pages (from-to)277-293
Number of pages17
JournalHousing Studies
Volume18
Issue number3
DOIs
Publication statusPublished - 1 May 2003
Externally publishedYes

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housing policy
social system
economic change
social structure
ownership
commodity
Japan
economy
market
economics
property market
pillar
turbulence

Bibliographical note

A summary version of this paper appeared in Housing Finance International (2000), 46, 50-55.

Cite this

FORREST, Ray ; KENNETT, Patricia ; IZUHARA, Misa. / Home ownership and economic change in Japan. In: Housing Studies. 2003 ; Vol. 18, No. 3. pp. 277-293.
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Home ownership and economic change in Japan. / FORREST, Ray; KENNETT, Patricia; IZUHARA, Misa.

In: Housing Studies, Vol. 18, No. 3, 01.05.2003, p. 277-293.

Research output: Journal PublicationsJournal Article (refereed)

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