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The Housing Land Shortage in Japan — A Myth

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  • Yuzuru Hanayama

Abstract

Land prices have risen noticeably in metropolitan areas, especially in the Tokyo Region [i.e., Tokyo, Chiba, Saitama, and Kanagowa Prefectures]. This has usually been attributed to the concentration of population into a limited land space. For instance, the General Principles of Urban Policy (Interim Report) made public by the Urban Policy Research Council of the Liberal-Democratic Party (LDP) in 1968 offers the following description:The 27 million population in the Tokyo Region as of 1965 is expected to reach 37 million in 1985. If each household were to be provided with a house on a 165 m2 plot, the population would need a total of urban space (covering both private and public uses) as large as 3,900 km2, or over 60% of the lowland area in the Kanto District.

Suggested Citation

  • Yuzuru Hanayama, 1983. "The Housing Land Shortage in Japan — A Myth," Japanese Economy, Taylor & Francis Journals, vol. 11(3), pages 3-47.
    • Handle: RePEc:mes:jpneco:v:11:y:1983:i:3:p:3-47
    DOI: 10.2753/JES1097-203X11033
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