This study classifies condominium housing based on housing succession smoothness to identify key elements. Smooth succession groups consistently maintain short vacancy periods, a finding that defies the market logic that aging leads to lower prices. Formal elements like organizational structure or age were found to be irrelevant. Instead, close resident relationships based on mutual trust and assistance were deemed crucial. While neighborhood association status showed no direct link to succession, active engagement in community activities led by the condominium owners’ association proved key. These soft community elements demonstrably overcome market logic, providing essential insights for a stock-oriented housing society.
