Characteristics of the Japanese Real Estate Industry and Landlords and the Search for Quasi-public Housing Stock: The Cutting Edge of "Housing Support" for Building an Inclusive Community Society

Overview

This study analyzed characteristics of Japan's real estate industry and landlords, examining possibilities for quasi-public housing stock. Japan's private rental housing market is dominated by individual landlords, with small-scale operations predominant. These landlords are aging and tend to be reluctant to accept tenants requiring special housing consideration due to vacancy risk concerns. However, some landlords emphasize social responsibility and are positive about community contribution. Realizing quasi-public housing stock requires enhancing support systems to reduce landlord anxiety, government-backed rent guarantees, post-occupancy life support, and strengthened cooperation with the real estate industry. Additionally, creating mechanisms to promote quasi-public utilization of private rental housing through tax incentives and subsidy systems is crucial.