Relationship between duration of vacancies and neighborhood characteristics using smart meter data

Abstract

The problem of vacant housing in Japan is becoming more and more pronounced. However, a uniform view of vacant houses will not solve the problem, and duration of vacancy can be an important indicator to understand the characteristics of vacancies. This study focused on the geographic distribution of vacant houses considering the duration of vacancies with the use of smart meters, and analyzed the relationship with neighborhood characteristics. The main finding indicates that there is a structural difference between vacant houses and neighborhood characteristics depending on urban areas. Some variables had statistically significant correlations regardless of the duration of vacancies, others changed their significance or the magnitude of estimated coefficients depending on the duration of vacancies. Moreover, this study demonstrates the usefulness of smart meter data, which has not been utilized in urban and housing studies.

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