Empirical analysis on the transaction costs of foreclosure procedure caused by the factors of the leagal system

2017 Fiscal Year Final Research Report

• Project/Area Number: 15K03421
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: National Graduate Institute for Policy Studies
• Principal Investigator: Yoshida Shuhei 政策研究大学院大学, 政策研究科, 客員教授 (00727852)
• Co-Investigator(Kenkyū-buntansha): 山崎 福壽 日本大学, 経済学部, 教授 (10166655) ; 福井 秀夫 政策研究大学院大学, 政策研究科, 教授 (60251633) ; 久米 良昭 一般財団法人運輸総合研究所総合研究部, その他部局等, 研究員 (60316643)
• Project Period (FY): 2015-04-01 – 2018-03-31
• Keywords: 不動産競売 / 民法 / 民事執行法 / 短期賃貸借保護 / 明渡猶予 / 執行妨害 / 金融市場

Outline of Final Research Achievements

This study clarifies the following: (1)We analyze factors theoretically why the price of foreclosure auction market declines in comparison with the sale price of the general real estate market. (2)We demonstrate an effect of the protection abolition for the short-term renter by the revision of Civil Law and Civil Execution Law Act enforced in 2004. (3)We examine the further system revision problem in the legal system of foreclosure and examine a reduction method of price divergence between the price of foreclosure auction market and the sale price of the real estate market.

Free Research Field

民法