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Frontiers of Real Estate Science in Japan

  • Book
  • Open Access
  • © 2021

You have full access to this open access Book


  • Presents the latest real estate research in Japan
  • Explains the typical characteristics of the real estate market in depopulated areas
  • Discusses real estate regulation and policy in Japan

Part of the book series: New Frontiers in Regional Science: Asian Perspectives (NFRSASIPER, volume 29)

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About this book

This open access book presents recent research and hot topics in the field of real estate science in Japan. It features carefully selected English translations of peer-reviewed papers and excellent articles published in the Japanese Journal of Real Estate Sciences, as well as papers presented at the Japan Association of Real Estate Sciences (JARES) annual conference. 

The topics covered include market analyses of vacant houses, policies for reuse of vacant houses, property tax policy, issues of land for which the owners are unknown, disaster and real estate values, the siting optimization plan and its influence on real estate, big data and ICT technology for the real estate business, and public real estate management.
Real estate science in Japan has developed in step with international research in the fields of law and economics, regional science, civil engineering, environmental science, architectonics, and related areas. At the same time, it has evolvedinto a unique discipline that focuses on policy-oriented practical science with arguments for the reform of outdated laws, regulations, and traditional customs. Asian countries are currently growing rapidly and are catching up with developing countries. The lessons learned and know-how accumulated by JARES is helpful for practitioners and policymakers not only in Japan, but also in other Asian countries.

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Table of contents (23 chapters)

  1. Real Estate Tax System and Real Estate Market in Japan

  2. City Planning and New Technology


“Frontiers of Real Estate Science in Japan … was a surprisingly interesting resource … . as we dug into some of the articles we found so much of the book to be interesting and informative, and very practical. The articles are written about Japanese real estate from a national perspective, but even buyers looking for homes in Sapporo will find topics to enrich their understanding of the market here in Japan … .” (Find Hokkaido Agents,, February 27, 2024)

Editors and Affiliations

  • Department of Urban Engineering, University of Tokyo, Tokyo, Japan

    Yasushi Asami

  • Faculty of Life and Environmental Science, University of Tsukuba, Tsuchiura, Japan

    Yoshiro Higano

  • Urban Policy Program, National Graduate Institute for Policy Studies, Tokyo, Japan

    Hideo Fukui

About the editors

Yasushi Asami, The University of Tokyo

Yoshiro Higano, Professor Emeritus, University of Tsukuba

Hideo Fukui, National Graduate Institute for Policy Studies   

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