no70-78

[73] Approaching the Stagnation of Land Flows through Land Transaction and Registration Data Analysis

○Hozumi Kikuchi¹, Ken-ichi Yabuki¹, Hideki Koizumi¹ (1. the University of Tokyo)

Keywords:Real Estate Market, Vacant Property Issues, Existing Stock, Registry Information

This study used a composite of data on land transactions in municipalities across Japan to estimate the uneven distribution of areas where land transactions are stagnant and the factors influencing their flow. The results show that stagnation in the flow of land transactions is particularly pronounced in conditionally disadvantaged areas, even after adjustment by existing stock. In addition, we found differences by type of stock ownership, such as the different transaction trends between owner-occupied and rented houses. A more detailed analysis of the actual status of flows is expected to contribute to the formulation of strategic countermeasures for vacant houses in an era of declining population.