ABSTRACT
The powerful limitations placed on lease terminations and the renewal rent regulation under the just cause clause (House Lease Law, Article 1.2), introduced under the 1941 Amended House Lease Law, obstructed the realization of high housing standards in the post-war metropolitan housing market. Specifically, although protecting existing renters, they made rent expensive and the living environment poor for new renters, who were the source of potential demand. They also caused extreme shortage of rentals with large space and a large number of rooms, as well as other problems, including the expansion of the studio rental market, which has high renter turnover.
