bubbles? To address these questions, we investigate the cross-sectional distribution of house prices in the Greater Tokyo Area … showing that size adjusted prices indeed follow a lognormal distribution, except for periods of the housing bubble in Tokyo …

homeownership investments: utilizing deviation from the rational expectations price -- Chapter 3 Appropriate Housing Valuation using … Hedonic Price Function and Promoting Information Disclosure -- Chapter 4 Housing Loan Policy in Japan: Benefits and Drawbacks … Vector Autoregession (VAR) analysis in this book; consequently, the focus of housing policy in Japan is now the quality of …