Saita Author-Workplace-Hitotsubashi University, Yumi Saita - Faculty of Economics, University of Tokyo - 2013
In this paper, we empirically investigate how real estate prices are affected by aging. We run regional panel regressions for Japan and the United States. Our regression re- sults show that, both in Japan and the U.S., real estate prices in a region are inversely correlated with the old age...