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Analysis on Characteristics of Residential Property Management Companies in Japan and Its Implications

Sang-Young Lee 1

1명지대학교 부동산학과

Accredited

ABSTRACT

The government supports to develop the residential property management (RPM) industry in order to stabilize rent markets in Korea. However, for the subject and the institutional support system of this industry are ambiguous, the analysis on paths of industrial development in Japan is needed in order to understand this industry. Especially, in the use of individual companies data, characteristics of RPM companies in Japan have been studied. This analysis is concluded that the synergy of RPM in Japan is made of 4 industries, i.e., real estate brokerage, FM, construction, architecture design. Among these industries, the construction companies have led the sub-lease business to the big size. For these companies have had a high credit of this area and synergy effects with RPM. Many players in the Korean real estate markets are interested in developing sub-lease business, the same as master lease business in Korea. If the sub-lease business is growing to the level of that in Japan, the tax deduction on owners of rent house and the rent surety insurance of tenants should be institutionalized.

Citation status

* References for papers published after 2023 are currently being built.