288 Ann Waswo
now permitted for such structures. Now those about to acquire an urban
apartment were impelled to give serious consideration to paying the extra
cost – in rent or purchase price – of a unit in the newest development on
offer, because ‘newest’ meant safer for themselves and their families. Con-
struction companies responded to these new market conditions, and new
official standards for earthquake-resistant structures, not only by building
anew, but also – after their initial construction costs had been amortised to
an extent – by demolishing and re-developing existing housing sites. The
pace of what had been a relatively slow but steady process of adapting home
construction to new technology now quickened.
Wood is used in all Japanese dwellings, as both a structural and design
element in traditionally built houses and as an important design element
in the interiors of high-rise apartment units, and there is no denying that
more of this wood comes from the forests of South-East Asia (as well as
from the US, Canada and Russia) than from Japan’s own forests. Some
high-quality wood is also ground up and made into disposable plywood
frames for the poured-concrete panels used as building trim. Japanese tim-
ber importers and construction companies have no doubt contributed to
problems of deforestation elsewhere, and certainly could do better in this
regard. But it is important to recognise that there has been an underlying
life-saving rationale to ‘scrap and build’ construction practices in Japan
over recent decades, as new construction technologies have been invented
and diffused to create more durable, disaster-resistant structures. Far from
being the expression of some inherently wasteful Japanese preference for the
‘new’, the interest of Japanese consumers in new-build homes – and govern-
ment policies which facilitate urban re-development – make a great deal of
sense.
One consequence of this consumer interest, which differentiates Japan
from many other developed countries, is that there is a comparatively lim-
ited market for ‘used’ or second-hand dwellings, which is reflected in gen-
erally lower prices for older housing stock, whether detached houses or
apartments, than for new-build properties.
10
That the Government Hous-
ing Loan Corporation (GHLC), until recently the major source of loans
for the purchase of domestic dwellings in Japan, provided longer repayment
periods for mortgages on new-build properties and refused to mortgage any
property over 25 years old,
11
no doubt contributed to this outcome, but the
contrast with markets for older homes in Britain and the US, for example, is
still striking. In those two countries, not only do the sales of such homes far
outnumber new-build sales,
12
but also many would-be purchasers consider