ABSTRACT
This chapter focuses on the spatial dimension of housing development in relation to the processes and outcomes of regional and urban policies in the post-growth era. It argues that the new competition-orientated policy has produced economic and spatial disparities between Tokyo and the rest of the country, and within Tokyo itself. The chapter examines the concepts of developmentalism and neoliberalism in light of changes in the redistributive aspects of regional and urban policies and looks at the trajectory of policy shifts to the Tokyo-centred approach. Urban regeneration measures have produced new 'hot spots' in Tokyo, especially in the central and waterfront areas, where various redevelopment projects have been implemented. In contrast, 'cold spots' where the real estate market is persistently inactive have been formed in the suburbs and peripheries. The chapter concludes with an examination of the prospects of housing opportunities in relation to regional and urban transitions in the post-growth era.
