Field of Interest

• Housing,  Real Estate

• City Planning,  Urban Analysis

• Urban Economics

Profile

Employment

• Associate Professor, School of Data Science, Yokohama City University, April 2023 - Present

• Specially Appointed Associate Professor, Center for the Promotion of Social Data Science Education and Research, Hitotsubashi University, April 2022 - March 2023

• Project Assistant Professor, Center for Real Estate Innovation, Graduate School of Economics, The University of Tokyo, November 2020 - March 2022

• Project Assistant Professor, Center for Spatial Information Science, The University of Tokyo, April 2019 - October 2020

• Research Fellow, Japan Society for the Promotion of Science, April 2016 - March 2019

Education

• Ph.D., Department of Urban Engineering, The University of Tokyo, March 2019

• M.E., Department of Urban Engineering, The University of Tokyo, March 2016

• B.E., Department of Urban Engineering, The University of Tokyo, March 2014

Publication

Refereed Paper

• 1. Suzuki, M., Shimizu, C. (2024) “Relationship between market share and rent level: Understanding supply structure in the Japanese private rental housing market,” International Journal of Housing Markets and Analysis, forthcoming. Link

  2. Suzuki, M., Shimizu, C. (2024) “Obsolete housing equipment, weak renovation, and rapid depreciation of Japanese condominiums,” Journal of the Japanese and International Economies, 71, 101306. Link

  3. Muto, S., Sugasawa, S., Suzuki, M. (2023) “Hedonic Real Estate Price Estimation with the Spatiotemporal Geostatistical Model,” Journal of Spatial Econometrics, 4, 10. Link

  4. Suzuki, M., Shimizu, C. (2023) “Using property-level inquiry volume to quantify demand–supply balance for existing houses: The case of the resale condominium market in Tokyo,” International Journal of Housing Markets and Analysis, 16(4), 736-755. Link

  5. Muto, S., Sugasawa, S., Suzuki, M. (2023) “Forecasting the housing vacancy rate in Japan using dynamic spatiotemporal effects models,” Japanese Journal of Statistics and Data Science, 6, 21-44. Link

  6. Suzuki, M., Mori, J., Maeda, T. N., Ikeda, J. (2023) “The economic value of urban landscapes in a suburban city of Tokyo, Japan: A semantic segmentation approach using Google Street View images,” Journal of Asian Architecture and Building Engineering, 22(3), 1110-1125. Link

  7. Suzuki, M., Ong, S. E., Asami, Y., Shimizu, C. (2023) “Long-Run Renewal of REIT Property Portfolio Through Strategic Divestment,” Journal of Real Estate Finance and Economics, 66, 1-40. Link, Free View

  8. Suzuki, M., Kawai, K., Shimizu, C. (2022) “Discrimination against the atypical type of tenants in the Tokyo private rental housing market: Evidence from moving-in inspection and rent arrear records,” Journal of Housing Economics, 58(B), 101879. Link

  9. Suzuki, M., Hino, K., Muto, S. (2022) “Negative externalities of long-term vacant homes: Evidence from Japan,” Journal of Housing Economics, 57, 101856. Link

  10. Suzuki, M., Shibata, A. (2022) “The economic premium of housing certificates aimed at promoting long-life property and transaction of existing housing in Japan,” Journal of Cleaner Production, 366, 132935. Link

  11. Suzuki, M., Asami, Y. (2022) “The rapid economic depreciation at an early stage of building life among Japanese detached houses,” Habitat International, 126, 102600. Link

  12. Suzuki, M., Asami, Y., Shimizu, C. (2021) “Housing rent rigidity under downward pressure: Unit-level longitudinal evidence from Tokyo,” Journal of Housing Economics, 52, 101762. Link

  13. Suzuki, M., Asami, Y. (2020) “Tenant Protection, Temporal Vacancy and Frequent Reconstruction in the Rental Housing Market,” Real Estate Economics, 48(4), 1074-1095. Link

  14. Suzuki, M., Asami, Y. (2020) “Shrinking housing market, long-term vacancy, and withdrawal from housing market,” Asia-Pacific Journal of Regional Science, 4(3), 619-638. Link, Free View

  15. Kawai, K., Suzuki, M., Shimizu, C. (2019) “Shrinkage in Tokyo’s Central Business District: Large-Scale Redevelopment in the Spatially Shrinking Office Market,” Sustainability, 11(10), 2742. Link

  16. Suzuki, M., Asami, Y. (2019) “Shrinking metropolitan area: Costly homeownership and slow spatial shrinkage,” Urban Studies, 56(6), 1113-1128. Link

Book Chapter

1. Suzuki, M., Asami, Y. (2024) “Demand–Supply Relationship in the Resale Housing Market in the Suburbs of Tokyo,” In Asami, Y., Sadahiro, Y., Yamada, I., Hino, K. (eds.) Studies in Housing and Urban Analysis in Japan, Springer, pp.3-20. Link

Publication in Japanese

• Please visit my Japanese Website

Presentation at International Conference

• 1. Suzuki, M., “Abandonment of Homeownership is Costly for Owners in a Shrinking Society: A Hidden Vacant Housing Problem,” 62nd Annual Congress of European Regional Science Association, Alicante, Spain, August 2023.

  2. Suzuki, M., Yukutake, N., “Household-level determinants of vacant housing: Evidence from a nationwide survey in Japan,” 2023 AsRES-GCREC Joint International Real Estate Conference, Hong Kong, China, July 2023.

  3. Suzuki, M., Hino, K., Muto, S., “Disamenity externalities of long-term vacant houses in a society without frequent foreclosures: the case of a depopulating city in the Tokyo metropolitan area,” Asian Real Estate Society - American Real Estate and Urban Economics Association Joint Conference, Tokyo, Japan, August 2022.

  4. Suzuki, M., Ong, S. E., Shimizu, C., “Disposition of Depreciating Properties by REITs,” Asian Real Estate Society - American Real Estate and Urban Economics Association Joint Conference, Online, July 2021.

  5. Suzuki, M., Shimizu, C., “Sticky Housing Rents: Term Structure on Duration of Residence and Rent Index Implication,” European Real Estate Society Annual Conference, Cergy, France, July 2019. 

  6. Suzuki, M., Asami, Y., Shimizu, C., “Unit-level long-run dynamics of “sticky” housing rents,” American Real Estate and Urban Economics Association International Conference, Milan, Italy, June 2019. 

  7. Suzuki, M., Asami, Y., Shimizu, C., “Unit-level long-run dynamics of housing rents,” 15th International Conference of the Western Economic Association International, Tokyo, Japan, March 2019. 

  8. Suzuki, M., Ong, S. E., Asami, Y., Shimizu, C., “Long-run renewal of REIT property portfolio through strategic divestment,” Asia Pacific Real Estate Research Symposium, Dalian, China, August 2018. 

  9. Suzuki, M., Ong, S. E., Shimizu, C., Asami, Y., “Long-run renewal of REIT property portfolio through strategic divestment,” European Real Estate Society Annual Conference, Reading, UK, June 2018. 

  10. Suzuki, M., Asami, Y., “Quick sales in the potentially cold housing submarket,” l’X/UEA Summer School in Urban Economics, Paris, France, June 2017.

  11. Suzuki, M., Asami, Y., “Quick sales in the cold housing market,” 7th European Meeting of the Urban Economics Association, Copenhagen, Denmark, May 2017.

  12. Suzuki, M., Asami, Y., “Homeownership in the era of population decline: Costly ownership abandonment and long-life quality houses,” 63rd Annual North American Meetings of the Regional Science Association International, Minneapolis, USA, November 2016.

  13. Suzuki, M., Asami, Y., “Temporary leases in the rental housing market: Effects of tenant protection law and costly fixed-term lease contract,” American Real Estate and Urban Economics Association International Conference, Alicante, Spain, July 2016.