Housing Development in Japan

Cover Housing Development in Japan
Housing Development in Japan
Paul M Paul Morton Goldberg
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This means controlling costs and loweri ng prices to large degrees. It is interesting to note that Levitt Building Systems, the leading force in the production of cost controlled private homes in the world, is just now entering the Japanese market. Why wasn't Levitt or 23 another similar firm in Japan earlier? Their technology was not needed until now.
Factors such as technology may be very effective in decreasing the costs of constructing the house itself, but are of no effect in reducing land
... prices. Land costs can be controlled by either the government or the developer. The government can institute price controls or any one of a variety of less drastic solutions, several of which are being utilized now. For example, Osaka purchased enormous quantities of land to build Senri Hills and thus provide building sites at costs lower than those that would have been provided by private developers. Municipalities could engage in "land bank" operations by buying land and setting it aside until the need for it increases.

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