Demographics and the Housing Market : Japan's Disappearing Cities /

How does a shrinking population affect the housing market? In this study, drawing on Japan's experience, we find that there exists an asymmetric relationship between housing prices and population change. Due to the durability of housing structures, the decline in housing prices associated with...

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Autore principale: Hashimoto, Yuko
Altri autori: Hong, Gee Hee, Zhang, Xiaoxiao
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/200
Accesso online:Full text available on IMF

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