Dynamic Economic Analysis of Japanese Real Estate Markets considering Regional Differences in the phase of recovering periods

较年轻及/或较低收入的家庭，因推出有固定租期的租住房屋而受惠最多。与资本损失挂钩的所得税扣除制度的实施增加了所有者的流动性。《租房法》抑制了租房者的流动性。地震风险对日本都道府县的整体生活质量有重大影响。日本地震保险政策中的统一社区评级可能会无意中以牺牲低风险地区居民的利益为代价，对高风险地区的居民进行交叉补贴。房主和/或租房者在大地震后改变了他们对地震风险的主观评估。

Younger and/or lower income households derived the greatest benefit from the introduction of the rental housing with fixed rental terms. The implementation of the income tax deduction system linked to capital losses increases owners' mobility. The Rental Act depresses renters' mobility. Earthquake risk has a significant impact on the overall quality of life in Japanese prefectures. The uniform community rating in earthquake insurance policy in Japan may unintentionally cross-subsidize inhabitants in high risk areas at the expense of inhabitants in low risk areas. Homeowners and/or renters alter their subjective assessments of earthquake risks after massive earthquakes.