ESTIMATING THE WILLINGNESS TO PAY FOR FLOODPROOFING OF SINGLE-FAMILY HOMES USING CONTINGENT VALUATION METHOD

As water-related disasters become more frequent and severe, it is necessary to take measures including building flood-resistant housing in expected flood zones, in addition to river maintenance. In this context, in Japan, interest in flood countermeasures is growing in the housing sector as well, and although progress is being made in the development and sale of housing, consumer demand is not yet clear. This report presents the results of a survey on willingness to pay for anti-flood measures of single-family housings, using the contingent valuation method, to contribute to the vitalization of such housing market sectors.