| Budget Amount *help |
¥3,380,000 (Direct Cost: ¥2,600,000、Indirect Cost: ¥780,000)
Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2012: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2011: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Research Abstract |
Japanese rapid depopulation is creating a rising need to desterilize empty condominium units. However, the lack of a market for used housing, as well as a lack of transparency in the price structure, is making this problematic. This study intends to investigate spatial non-stationary in the used housing market based on trends in Osaka and the smaller urban center Fukuoka. Specifically, it seeks to understand what kind of factors may motivate buyers in what kind of areas through Geographically Weighted Regression (GWR). Our choice of GWR is based on the fact that it enables analysis of local attributes. We found that floor space and the age of the building were the most important factors both in Osaka and Fukuoka, albeit in different types of areas. Such data may be useful for urban planning and infrastructural investment.
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