A STUDY ON THE CHARACTERISTICS OF HOME BUYER'S DEMAND AND THE OBSTRUCTIVE FACTORS OF EXISTING HOUSING CIRCULATION

  • CHO Hyunju
    Graduate Student, Graduate School of Engineering, Kyoto Univ., M. Home Economics., Research Fellow, the JSPS (DC)
  • TAKADA Mitsuo
    Prof., Graduate School of Engineering, Kyoto Univ., Dr. Eng.

Bibliographic Information

Other Title
  • 住宅購入者の住宅需要特性と既存住宅流通の阻害要因に関する研究
  • -Based on the survey of targeting existing home buyers in Osaka prefecture-
  • -大阪府の住宅購入者を対象とした調査結果を通じて-

Description

The results of this research are as follows. 1) Home buyers are divided into the following three types:(1) people who consider only existing housing and buy it because they cannot afford to purchase new housing; (2) people who consider both existing and new housing and have the financial flexibility to choose between both types; (3) people who have the financial means to consider only new housing 2) Obstructive factors of the circulation of existing housing are:the peculiarity of housing as a good, the asymmetric information in the housing market, and cleanliness-oriented values of Japanese. 3) Although they only account for a small share of the housing market, there also exist people who think of existing housing positively and purchase it with the intention of remodeling.

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