Comparative study of factors influencing used housing prices in Osaka and Fukuoka using geographically weighted regression

Fumika Yamazaki, Shichen Zhao, Shun Yamashiro

Research output: Contribution to conferencePaper

Abstract

Japan's rapid depopulation is creating a rising need to desterilize empty condominium units. However, the lack of a market for used housing, as well as a lack of transparency in the price structure, are making this prob-lematic. This study intends to investigate spatial non-stationarity in the used housing market based on trends in Osaka and the smaller urban center Fukuoka. Specifically, it seeks to understand what kind of factors may mo-tivate buyers in what kind of areas through Geographically Weighted Re-gression (GWR). Our choice of GWR is based on the fact that it enables analysis of local attributes. We found that floor space and the age of the building were the most important factors both in Osaka and Fukuoka, albe-it in different types of areas. Such data may be useful for urban planning and infrastructural investment.

Original languageEnglish
Pages1-25
Number of pages25
Publication statusPublished - Jan 1 2013
Event13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013 - Utrecht, Netherlands
Duration: Jul 2 2013Jul 5 2013

Other

Other13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013
CountryNetherlands
CityUtrecht
Period7/2/137/5/13

Fingerprint

housing market
urban planning
transparency
comparative study
infrastructural investments
apartment size
housing
condominium
regression
Urban planning
market
lack
Transparency
Japan
trend
analysis
attribute
price

All Science Journal Classification (ASJC) codes

  • Civil and Structural Engineering
  • Ecology
  • Environmental Engineering
  • Geography, Planning and Development
  • Urban Studies

Cite this

Yamazaki, F., Zhao, S., & Yamashiro, S. (2013). Comparative study of factors influencing used housing prices in Osaka and Fukuoka using geographically weighted regression. 1-25. Paper presented at 13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013, Utrecht, Netherlands.

Comparative study of factors influencing used housing prices in Osaka and Fukuoka using geographically weighted regression. / Yamazaki, Fumika; Zhao, Shichen; Yamashiro, Shun.

2013. 1-25 Paper presented at 13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013, Utrecht, Netherlands.

Research output: Contribution to conferencePaper

Yamazaki, F, Zhao, S & Yamashiro, S 2013, 'Comparative study of factors influencing used housing prices in Osaka and Fukuoka using geographically weighted regression', Paper presented at 13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013, Utrecht, Netherlands, 7/2/13 - 7/5/13 pp. 1-25.
Yamazaki F, Zhao S, Yamashiro S. Comparative study of factors influencing used housing prices in Osaka and Fukuoka using geographically weighted regression. 2013. Paper presented at 13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013, Utrecht, Netherlands.
Yamazaki, Fumika ; Zhao, Shichen ; Yamashiro, Shun. / Comparative study of factors influencing used housing prices in Osaka and Fukuoka using geographically weighted regression. Paper presented at 13th International Conference on Computers in Urban Planning and Urban Management, CUMPUM 2013, Utrecht, Netherlands.25 p.
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