The Spatial Distribution of Stigmatized Properties in Tokyo, Japan

Naonari Yajima and Taisuke Sadayuki
Additional contact information
Naonari Yajima: Faculty of Economics, Seijo University.
Taisuke Sadayuki: Faculty of Economics, Seijo University.

RIEEM Discussion Paper Series from Research Institute for Environmental Economics and Management, Waseda University

Abstract: While intangible yet psychologically repellent factors such as noise or pollutants require disclosure to potential buyers or renters in real estate transactions, the disclosure of a person's death within a building or unit remains uncertain. This uncertainty stems from the limited empirical research on incidents that are considered noteworthy, mainly due to the absence or limited availability of public databases pertaining to incidents that take place in living environments. In this article, we utilize a comprehensive database of incidents in the living environment, contributed by the public in Japan, to explore which types of incidents can be perceived as psychological defects. We find that suicides, homicides, fire deaths, alone deaths, discovery of a corpse, and accidental deaths are main interest of the public. Additionally, we examine the correlation between incident occurrences and socio-economic characteristics within a block. Â We find that the ratio of single-person household, ratio of elder persons, and ratio of person living in sharing housing are related to several incidents. On the contrary, the ratio of individuals residing in an area for a longer time is negatively or not related to the occurrence of such incidents.

Keywords: Stigmatized property; Duty of disclosure; Posting information; Regression analysis (search for similar items in EconPapers)
JEL-codes: R10 R12 R19 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2023-08
New Economics Papers: this item is included in nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.waseda.jp/prj-rieem/dp/dp2301.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:was:dpaper:2301

Access Statistics for this paper

More papers in RIEEM Discussion Paper Series from Research Institute for Environmental Economics and Management, Waseda University
Bibliographic data for series maintained by Takuro Miyamoto ().