Estimating negative externalities from dilapidated vacant houses

View Full Paper

Ask AI

Bookmark

Share

Key Points

The aim is to assess the economic negative externalities imposed by mismanaged vacant houses in Yokohama.
Utilized vacant house management ledger data to analyze economic impacts
Measured property value decreases associated with neglected homes
Estimated total externalities across Yokohama for the year 2022
Neglected vacant houses reduce property values by approximately 2% for each affected house in the same residential area
Total estimated external economic impact in Yokohama for 2022 is approximately 1.75 billion yen under specific assumptions
Newly appearing neglected houses generate additional negative externalities, particularly in areas already affected by multiple cases.

Answers are grounded in this paper and cite their sources.

Estimates the economic impact of neglected vacant houses in Yokohama, suggesting the need for proactive management solutions.

No abstract yet. The journal hasn't published one we can show.

No takes yet. Share an insight, caveat, or question.

Suzuki et al. (2026) studied this question.

View Full Paper

Ask AI

Bookmark

Share