HOUSING RESEARCH FOUNDATION ANNUAL REPORT
Online ISSN : 2423-9879
Print ISSN : 0916-1864
ISSN-L : 0916-1864
Restructuring of the home ownership system in Japan and Britain
Yosuke HirayamaRay ForrestMieko HinokidaniMisa IzuharaPatricia Kennett
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JOURNAL OPEN ACCESS

2003 Volume 29 Pages 229-240

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Abstract
This paper focuses on a comparative analysis of changes in home ownership in Japan and Britain. Home ownership systems commonly face a more volatile and uncertain economy, socio-demographic fragmentation of home owners as well as the downward pressure on public subsidies for house acquisitions. However, these broader changes are mediated by the socio-economic and cultural contexts and institutional frameworks within particular countries. The paper demonstrates that Japan and Britain share the rapidly globalizing economy as a common background while their home ownership systems are increasingly differentiated.
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© 2003 HOUSING RESEARCH FOUNDATION "JUSOKEN"
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