| Budget Amount *help |
¥3,640,000 (Direct Cost: ¥2,800,000、Indirect Cost: ¥840,000)
Fiscal Year 2013: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2012: ¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
|
|---|
| Research Abstract |
Osaka Municipal Housing Corporation started fixed-term cashback programs for new renters from 2004 to reduce the vacancy rate. This study examines the effects of these programs on the exit behavior of renters using a survival analysis. We found: (1) renters who receive a cashback exit earlier, especially when the cashback expires; and, (2) newlyweds and child-raising families who receive cashbacks do not exit earlier particularly. This result suggests that public housing corporations can reduce the number of vacant rooms using a cashback program for newlyweds and child-raising families.
|
