Dynamics Of Housing In East Asia

This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. draws on the best available theoretical and empirical literature applies analytic tools in the context of East Asian institutions and policies helps understand factors affecting resilience and stability in East Asian real estate markets.

Housing policy has been central to the economic success stories of the major East Asian economies as well as a pillar of social and welfare provision. This book explores not only the development of their distinctive approach, but also the challenges posed in recent years, and currently, by rapid socio-economic and demographic change.

This book offers a comprehensive overview of current housing practices across Asian cities based on facts and trends in the market. For many countries in Asia, the future of housing is now. This future is closely linked to successful theoretical advancement and policy practice in housing studies. This volume brings together twelve chapters divided across four thematic parts that sum up the concept and conditionality of housing in Asian cities. It studies housing through conceptual perspectives and empirical studies to explore established notions, cultures and practices relevant to the 21st-century post-reform context in Asia. Housing and property have long been economic drivers, leading many individual households towards better lives and associated social and community benefits, while also collectively improving the economic base of a city or country. This book examines the nature of the interplay of both state and market in the housing outcomes of these cities. With its extensive geographic coverage across South East Asia, South Asia, and the Far East and a cross section of different income groups, the book will interest reseachers and scholars in urban studies, architecture, development studies, public policy, political studies, sociology, policymakers in local and central governments, housing and planning professionals and commercial firms engaged in property markets or real estate in Asia. It will also provide ideas, tools and good practices for institutional enablement, stakeholders involved in these interventions, private sector organisations and NGOs.

The changing nature and significance of housing provision within welfare states is considered in this timely book. With housing playing an increasingly important role in welfare provision, the new welfare state emerging in different parts of the world is being developed in the context of individual asset accumulation and the private ownership of housing. Housing and the New Welfare State shows that housing is becoming critical to asset-based welfare not only in Western Europe but also in the six East Asian housing systems that are a major focus of the book. Chapters by leading East Asian scholars provide analysis of housing policies in Singapore, Hong Kong, Korea, Japan, China and Taiwan. Also examined are the 'four worlds' of welfare and housing; the causes and consequences of the shift from tenants to home owners in the old welfare states of Britain and other parts of Western Europe; and the growth of the property-owning welfare state as a theme running through contemporary policy in both East Asia and Europe.

Bringing together a number of perspectives on the Japanese housing system, Housing and Social Transition in Japan provides a comprehensive, challenging and theoretically developed account of the dynamic role of the housing system during a period of unprecedented social and economic change in one of the most enigmatic social, political, and economic systems of the modern world. While Japan demonstrates many of the characteristics of some western housing and social systems, including mass homeownership and consumption-based lifestyles, extensive economic growth and rapid urban modernization has been achieved in balance with traditional social values and the maintenance of the family system. Helpfully divided into three sections, Housing and Social Transition in Japan: explores the dynamics of the development of the housing system in post-war Japan deals with social issues related to housing in terms of social aging, family relations, gender and inequality addresses the Japanese housing system and social change in relation to comparative and theoretical frameworks. As well as providing challenges and insights for the academic community at large, this book also provides a good introduction to the study of Japan and its housing, economic, social and welfare system generally.

Explores the concept of 'house' in the context of Levi-Strauss' idea of the house as a link between kinship-based societies and class societies, developing this further into an examination of a conjuncture of architecture, people and symbolism.

This book provides an up-to-date account of housing policy systems in eight countries - Hong Kong, Indonesia, Japan, Korea, Malaysia, Taiwan, Thailand and Singapore. With one chapter devoted to each country, there are, in addition, introductory and concluding chapters, in which the editors identify both the similarities in the problems faced, and in the approaches adopted, by the governments of the Asian countries - setting them apart from the West - as well as the differences that indicate the variety of Asian solutions.