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Housing Start (No. of Constructions) and Population (in Thousands) Vacancy Rate (%) and Population (in Thousands) Start Rate 1,800 6,000 Aomori-ken 5,000 38,000 Aomori-ken Hokkaido 14 1,800 6,000 Hokkaido 15 Osaka-fu Tokyo-to 65,000 145,000 8,500 13,000 8,500 13,000 Osaka-fu 15 Tokyo-to 13 (4) Decline in house prices is likely to affect household balance sheets equally across Japan leading to decrease wealth inequality a) between urban and rural areas and b intergenerationally. (5) The existence of vacant houses (Akiya) mainly arise from unusual education practices of young people who use rented houses in Tokyo-to and other big prefectures only for attending college and university exams, but not for lectures all the semester (Table 4). Table 4: Tokyo-to Osaka-fu Hokkaido Aomori-ken Number of 138 57 38 17 Colleges and Universities

Housing Start (No. of Constructions) and Population (in Thousands) Vacancy Rate (%) and Population (in Thousands) Start Rate 1,800 6,000 Aomori-ken 5,000 38,000 Aomori-ken Hokkaido 14 1,800 6,000 Hokkaido 15 Osaka-fu Tokyo-to 65,000 145,000 8,500 13,000 8,500 13,000 Osaka-fu 15 Tokyo-to 13 (4) Decline in house prices is likely to affect household balance sheets equally across Japan leading to decrease wealth inequality a) between urban and rural areas and b intergenerationally. (5) The existence of vacant houses (Akiya) mainly arise from unusual education practices of young people who use rented houses in Tokyo-to and other big prefectures only for attending college and university exams, but not for lectures all the semester (Table 4). Table 4: Tokyo-to Osaka-fu Hokkaido Aomori-ken Number of 138 57 38 17 Colleges and Universities

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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could you answer the 2 option which you want? sorry for my english.thanks in advance

(3) Tokyo-to housing market completely follows Japan's other prefectures both a) in supply (housing starts) and b) demand (vacancy rate) (Table 2 and Table 3). Housing Start Population Vacancy Population Table 2: Housing Start (No. of Constructions) and Population (in Thousands) Table 3: Vacancy Rate (%) and Population (in Thousands) Rate Aomori-ken Hokkaido 5.000 38,000 1,800 6,000 8,500 13,000 Aomori-ken 14 1,800 6,000 8,500 13,000 Hokkaido 15 Osaka-fu Tokyo-to 65,000 145,000 Osaka-fu Tokyo-to 15 13 (4) Decline in house prices is likely to affect household balance sheets equally across Japan leading to decrease wealth inequality a) between urban and rural areas and b intergenerationally. (5) The existence of vacant houses (Akiya) mainly arise from unusual education practices of young people who use rented houses in Tokyo-to and other big prefectures only for attending college and university exams, but not for lectures all the semester (Table 4). Table 4: Tokyo-to Osaka-fu Hokkaido Aomori-ken Number of 138 57 38 17 Colleges and Universities
Transcribed Image Text:(3) Tokyo-to housing market completely follows Japan's other prefectures both a) in supply (housing starts) and b) demand (vacancy rate) (Table 2 and Table 3). Housing Start Population Vacancy Population Table 2: Housing Start (No. of Constructions) and Population (in Thousands) Table 3: Vacancy Rate (%) and Population (in Thousands) Rate Aomori-ken Hokkaido 5.000 38,000 1,800 6,000 8,500 13,000 Aomori-ken 14 1,800 6,000 8,500 13,000 Hokkaido 15 Osaka-fu Tokyo-to 65,000 145,000 Osaka-fu Tokyo-to 15 13 (4) Decline in house prices is likely to affect household balance sheets equally across Japan leading to decrease wealth inequality a) between urban and rural areas and b intergenerationally. (5) The existence of vacant houses (Akiya) mainly arise from unusual education practices of young people who use rented houses in Tokyo-to and other big prefectures only for attending college and university exams, but not for lectures all the semester (Table 4). Table 4: Tokyo-to Osaka-fu Hokkaido Aomori-ken Number of 138 57 38 17 Colleges and Universities
Answer your friend who claims that (1) Family members per household decreases largely with the death old people and household numbers are largely dependent on the early marriages, especially in population concentrated areas (Table 1). Table 1: % Change 1970-2015 Households Family Members Per Household Jарan Average Population 76 -32 116 -28 Concentrated Area Other Areas 18 -32 (2) Higher construction activity of condominiums in Tokyo is determined by the new energy efficient construction techniques by the construction companies.
Transcribed Image Text:Answer your friend who claims that (1) Family members per household decreases largely with the death old people and household numbers are largely dependent on the early marriages, especially in population concentrated areas (Table 1). Table 1: % Change 1970-2015 Households Family Members Per Household Jарan Average Population 76 -32 116 -28 Concentrated Area Other Areas 18 -32 (2) Higher construction activity of condominiums in Tokyo is determined by the new energy efficient construction techniques by the construction companies.
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