Abstract
Japan Trans-Housing Institute (JTI), a not-for-profit organization, has been offering “My-Home Rental Service”, the
service to rent up the non-commercial residential properties from the owners aged 50 or more since 2006. JTI re-rents such
“my-homes” to younger generation, thereby facilitates the circulation of the residential assets over generations. Though JTI
operates financially independent, it’s rental obligation is supported by the governmental guarantee fund. My-Home Rental
Service is not designed per se to facilitate the re-use of the vacant/abandoned houses, which has been a nationwide issue in
these days. 41% of some 1000 houses rented so far by JTI, however, are the ex-“vacant houses”. This paper makes research
using the JTI’s internal data on the profile and performance of such vacant houses as compared to the rest of the portfolio.