Potential Demands and Willingness to Pay for Renovations of Used Detached Houses by People Considering to Purchase Those Housing Stocks
Year: 2025
Type: article
Study design: Observational Study
Abstract: The purpose of this study is to clarify potential demands and willingness to pay for renovations used detached houses by people considering to purchase those housing stocks. As a result of conducting a questionnaire survey in Hokkaido, potential demand is high for all renovations except “heat source replacement”. Moreover, the results of a survey on the willingness to pay for renovations to people who want to renovate according to their own preference revealed that it is necessary to set a high subsidy amount in order to promote the distribution of used detached houses.
DOI: 10.3130/aija.90.1996
Author: Shunsuke ISOISHI
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4413864860