Urban Renaissance Agency
, also known as (UR, , ), is a semipublic Independent Administrative Institution, and is an agency responsible for Japanese housing. It provides housing at rates pegged to the market, but without the fees associated with private renting in Japan (key money, renewal fee) or the need for a guarantor. As of 2014, it managed around 750,000 rental properties across Japan. History It was founded in 1955 as the Japan Housing Corporation (Nihon Jūtaku Kōdan) to address the country's housing shortage due to post-war urbanisation. It was combined with other government organisations including the Japan Regional Development Corporation and semi-privatized in 2004 during the administration of Prime Minister Junichiro Koizumi (2001–06).Urban Renaissance AgencOver half a century of support for urban development in JapanRetrieved March 26, 2015 The agency gave rise to the development of Danchi ( ja, 団地, literally "group land") is the Japanese word for a large cluster of apartment buildi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Independent Administrative Institution
An Incorporated Administrative Agency (独立行政法人, ''Dokuritsu gyōsei hōjin'' or ''Dokugyo'' in abbreviation) is a type of legal corporation formulated by the Government of Japan under the Act on General Rules for Incorporated Administrative Agencies (Act no. 103 of 1999, revised in 2014). The independent agencies are not under the National Government Organization Act that provides for the ministries and agencies of Japan. Originally proposed by the Administrative Reform Council, the independent agencies are created based on the concept of separating the ministries and agencies of the government into planning functions and operation functions. Planning functions remain within government-based ministries and agencies while operating functions are transferred to the independent agencies. Incorporated Administrative Agencies utilize management methods of private-sector corporations and are given considerable autonomy in their operations and how to use their given budgets. I ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Japanese Housing
Housing in Japan includes modern and traditional styles. Two patterns of residences are predominant in contemporary Japan: the single-family detached house and the multiple-unit building, either owned by an individual or corporation and rented as apartments to tenants, or owned by occupants. Additional kinds of housing, especially for unmarried people, include boarding houses (which are popular among college students), dormitories (common in companies), and barracks (for members of the Japan Self-Defense Forces, police and some other public employees). An unusual feature of Japanese housing is that houses are presumed to have a limited lifespan, and are generally torn down and rebuilt after a few decades, generally twenty years for wooden buildings and thirty years for concrete buildings – see regulations for details. Refurbishing properties, rather than rebuilding them, is a relatively uncommon practice in Japan, though its prevalence is increasing, indicating that attitude ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Key Money
Key money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world. It sometimes means money paid to an existing tenant who assigns a lease to a new tenant where the rent is below market. It sometimes means a bribe to a landlord. In other parts of the world, it is used synonymously with normal security deposits, which are used to cover nonpayment of rent and excessive damage to a rental unit. Oceania Australia In many states of Australia (New South Wales, Victoria, etc.), the Retail Leases Act calls key-money a payment or benefit without true consideration, expected from a tenant in order for a lease being granted, renewed or modified, and makes such payment illegal. Asia Japan In Japan, is a mandatory payment to the landlord that is often the same amount as the original deposit (''shikikin''). However, ''reikin'' can be the equivalent of six months (or more) of rent, but is typically the same as one to three months ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Junichiro Koizumi
Junichiro Koizumi (; , ''Koizumi Jun'ichirō'' ; born 8 January 1942) is a former Japanese politician who was Prime Minister of Japan and President of the Liberal Democratic Party (LDP) from 2001 to 2006. He retired from politics in 2009. He is the sixth-longest serving Prime Minister in Japanese history. Widely seen as a maverick leader of the LDP upon his election to the position in 2001, he became known as a neoliberal economic reformer, focusing on reducing Japan's government debt and the privatisation of its postal service. In the 2005 election, Koizumi led the LDP to win one of the largest parliamentary majorities in modern Japanese history. Koizumi also attracted international attention through his deployment of the Japan Self-Defense Forces to Iraq, and through his visits to the Yasukuni Shrine that fueled diplomatic tensions with neighbouring China and South Korea. Koizumi resigned as Prime Minister in 2006. Although Koizumi maintained a low profile for several years ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Danchi
( ja, 団地, literally "group land") is the Japanese word for a large cluster of apartment buildings or houses of a particular style and design, typically built as public housing by government authorities. Older danchi are sometimes compared to Khrushchyovkas, a similar housing development project in the Soviet Union from the same period. The Japan Housing Corporation (JHC), now known as the Urban Renaissance Agency (UR), was founded in 1955. During the 1950s, 1960s, and 1970s, the JHC built many in suburban areas to offset the increasing housing demand during the post-World War II economic boom. It introduced the Japanese salaryman to a life around the nuclear family in contrast with the multi-generation homes before the war.A Generation in Japan Faces a Lonely Death [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |