General Assessment

Variable(2022)
Data
Main constraints in the development of the housing finance sector  
New developments that will have a major impact on the sector 
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Notes: 15% by law
Notes: 1999 Servicer Law
Notes: 1999 Servicer Law
Notes: 1999 Servicer Law
Notes: 1999 Servicer Law
Notes: 1999 Servicer Law
Notes: Average Tokyo condo price in December 2016; 2017 yearly price
Notes: Average Tokyo condo price in December 2016; 2017 yearly price
Notes: Average Tokyo condo price; 2017 yearly price
Notes: Average Tokyo condo price; 2017 yearly price
Notes: Centralized conduit in Japan is JHF.
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however if product exists, it should be very small
Notes: Exact data not available, however, if private mortgage insurers exist, their numbers should be very small
Notes: Exact data not available, however, if private mortgage insurers exist, their numbers should be very small
Notes: Exact data not available, however, if private mortgage insurers exist, their numbers should be very small
Notes: Exact data not available, however, if private mortgage insurers exist, their numbers should be very small
Notes: Exact data not available, however, if private mortgage insurers exist, their numbers should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Exact data not available, if it exists, it should be very small
Notes: Existing condominium sales
Notes: Existing condominium sales
Notes: Existing condominium sales
Notes: Existing condominium sales
Notes: Existing condominium sales
Notes: Existing condominium sales
Notes: Existing condominium sales
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area
Notes: Existing Condominium Sales in Tokyo Metropolitan Area; Year-on-year change
Notes: Fixed assets tax
Notes: includes multifamily units. 132.30sq.mt for owner-occpied single detatched houses in 2008
Notes: Income tax
Notes: Japan Housing Finance Agency is a government - affiliated mortgage financial institution that issues MBS
Notes: Japan Housing Finance Agency is a government - affiliated mortgage financial institution that issues MBS
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May)
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Japanese Fiscal Year (Apr-May); proportion of private bonds
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Matters which are not within jurisdiction of JHF
Notes: Mortgage insurance is minimal. No statistics on guarantee.
Notes: Mortgage interest subsidy by local government for those who build a house using certain amount of local timber
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: New condominium sales
Notes: Only Japanese data available for 2018 https://www.mhlw.go.jp/toukei/list/20-21.html
Notes: Only Japanese data available for 2018 https://www.mhlw.go.jp/toukei/list/20-21.html
Notes: Real estate acquisition tax
Notes: The value is -0.01%
Notes: The value is -0.07%
Notes: The value is -0.21%
Notes: The value is -0.23%
Notes: There are no minimum income thresholds
Notes: There are no minimum income thresholds
Notes: There are no minimum income thresholds
Notes: There are no minimum income thresholds
Notes: There are no minimum income thresholds. Even if the borrower’s income is low, he/she may have enough downpayment to meet DTI criteria. Nearly 1% of the borrower had income less than 2 million Yen.
Notes: There is no FICO score in Japan.
Notes: There is no FICO score in Japan.
Notes: There is no FICO score in Japan.
Notes: There is no FICO score in Japan.
Notes: There is no FICO score in Japan.
Notes: Under Deliberation
Notes: Under Deliberation
Notes: Under Deliberation
Notes: Under Deliberation
Notes: Under Deliberation
Notes: Vast majority
Notes: Vast majority
Notes: Vast majority
Notes: Vast majority
Notes: Vast majority