A STUDY ON THE MODEL TO EVALUATE DISTRIBUTION POTENTIAL OF VACANT DETACHED HOUSES BASED ON WILLINGNESS TO PAY FOR PURCHASING THOSE HOUSING STOCKS

The purpose of this study is to estimate a function that evaluates the possibility of finding buyers for vacant detached houses when those housing stocks are sold. Therefore, we surveyed households who consider purchasing detached houses about their intention to purchase used houses and willingness to pay of full renovated used houses. By analyzing the results of survey, a function that can evaluate the distribution potential of vacant detached houses was estimated. Moreover, it is verified that the low er the distribution potential, the longer the remaining period on market tend to be.