Title

Home ownership and economic change in Japan

Document Type

Journal article

Source Publication

Housing Studies

Publication Date

5-1-2003

Volume

18

Issue

3

First Page

277

Last Page

293

Publisher

Routledge

Keywords

Home Ownership, Transformation, Japan, Inequality, Insecurity

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.

DOI

10.1080/02673030304241

Print ISSN

02673037

E-ISSN

14661810

Funding Information

This paper draws on research supported by a Joint Activities Grant from the British Academy.

Publisher Statement

Copyright © 2003 Taylor & Francis Ltd

Access to external full text or publisher's version may require subscription.

Additional Information

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

Full-text Version

Publisher’s Version

Recommended Citation

Forrest, R., Kennett, P., & Izuhara, M. (2003). Home ownership and economic change in Japan. Housing Studies, 18(3), 277-293. doi: 10.1080/02673030304241