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The Decline in Price of Suburban Secondhand Housing in Hiroshima City

  • Yoshimichi YuiEmail author
Chapter
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Part of the Advances in Geographical and Environmental Sciences book series (AGES)

Abstract

Due to the increasing and the aging of vacant houses, secondhand housing in suburban areas has caused a significant drop in prices. There are many arguments that the revitalization of secondhand housing market is an important measure against vacant houses and to make sustainable suburbs. However, the examination of transactions in secondhand houses does not show how much the distribution of secondhand housing contributes to solving the vacant house problem. Although revitalization of the secondhand housing market is vital as a vacant house countermeasure, in reality, detached secondhand housing is often traded for city-oriented residences. Women’s social advancement, shortening commuting time, and so on have caused this new trend. To decrease the number of vacant houses, it is necessary to promote renovation and offer low-priced rental housing to raise the value of vacant houses and to take measures to promote living in them. In the future, as the population ages, the number of vacant houses will increase as a result of death and the aged moving into welfare facilities. Eventually, some marginal settlements will exist in depopulated areas. To regenerate suburban housing estates affected by aging, it is essential that young people move in by activating the market of used houses. However, there are many problems with this solution.

Keywords

Secondhand housing Housing estates Housing price Suburbs Hiroshima City 

Notes

Acknowledgements

This research was financially supported by the following KAKENHI: Grant-in-Aid for Scientific Research (B), Project number 15H03276, PI’s Yoshimichi Yui at Hiroshima University.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2020

Authors and Affiliations

  1. 1.Graduate School of EducationHiroshima UniversityHiroshimaJapan

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