UTEcon, together with Mizuho Bank, Ltd., has been commissioned by the the Association of Real Estate Agents of Japan (FRK) to conduct the \u201cMeasurement of Property Management Status Using Account Information\u201d.<\/p>\n
In this project, using the account deposit data for each condominium management association obtained from Mizuho Bank, we measured the monthly deposit history for 1,257 properties and constructed a model to predict the \u201cideal\u201d (i.e., average) deposit amount based on property attributes (e.g., area, age of building). By applying this model to the attribute information of individual condominiums and the account deposit data aggregated for each condominium, the difference (excess or deficiency) between the actual deposit amount and the amount that should be deposited is measured, and if the measured excess or deficiency is positive (negative), the deposit is considered to be more (less) than it should be. We examine how the over\/shortfall in deposits is related to the distance from the metropolitan area.<\/p>\n