Survey on Life Planning and Finance/Insurance Vol. 1, 2001 (I. Positioning of Own-house Acquisition in Life Planning; II. Selection of Financial Assets and Attitudes toward Social Security)

Abstract
Survey Number	0263
Survey Title	Survey on Life Planning and Finance/Insurance Vol. 1, 2001 (I. Positioning of Own-house Acquisition in Life Planning; II. Selection of Financial Assets and Attitudes toward Social Security)
Depositor	Japan Institute of Life Insurance
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Educational Purpose	Available for both research and instructional purposes.
Period of Data Use Permission	One year
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SSJDA Data Analysis	Not available
Summary	This survey was conducted for the following three purposes: (1) Positioning of housing acquisition in life planning In the latter half of the 1980s, housing prices rose sharply due to soaring land prices mainly in the Greater Tokyo area and then fell sharply due to the bursting of the bubble economy. The fluctuation in housing prices is thought to have had a considerable impact on consumers' household budgets, lifestyles, and attitudes to housing acquisition. This survey clarifies the position of housing acquisition in life planning and the relationship between housing and consumption and investment behavior by capturing attitudes and behavior regarding housing, as well as attitudes and behavior regarding household finances and consumption and investment. (2) Selection of financial assets Japanese finance is in a period of great change. As the financial environment becomes more severe, global competition that transcends the boundaries of existing financial formats, such as banks, securities, and insurance, is intensifying. In the midst of these changes, it is highly likely that consumers' awareness of and behavior regarding choosing financial assets will change significantly. The survey seeks to clarify the consciousness and behavior of financial asset selection by understanding people's financial asset holdings and their preferences for financial products. (3) Life protection awareness The environment surrounding Japan's social security and life protection is undergoing major changes against the backdrop of an aging population and financial difficulties. Under these circumstances, we will clarify what kind of awareness people have about self-help efforts and social support for life protection.
Data Type	quantitative research quantitative research: micro data
Universe	Individual men and women between the ages of 20 and 59
Unit of Observation	Individual
Sample Size	Sample size: 1,000, number of valid responses: 831
Date of Collection	2001/06/14 – 06/26
Time Period
Spatial Unit	The Greater Tokyo area within a 30 km radius
Sampling Procedure	Extracted from the survey company registered access panel according to the age-specific population composition of the Greater Tokyo Area
Mode of Data Collection	Mail survey
Investigator	Japan Institute of Life Insurance, survey carried out by INTAGE Inc.
DOI
Sponsors (Funds)
Related Publications (by the Investigator)	Please refer to the abstract in Japanese.
Related Publications (based on Secondary Analysis)	List of related publications (based on Secondary Analysis)
Documentation	[Questionnaire]
Major Survey Items	Questionnaire items: (1) House: Attitude toward housing (ownership and orientation, preference), housing status of current residence (building form, site size, floor area, ownership relationship, registered owner), timing and purpose of housing acquisition (year when current home was built, year of acquisition, mode of acquisition, total housing price and breakdown of funds used, actual price, whether first acquisition or reacquisition, reason for purchasing a house), housing expenses (monthly rent, common space maintenance and service fees/management fees, etc., housing allowance/rent subsidy, feeling of burden of housing expenses), level of satisfaction with current residential home, future intention and reason for housing acquisition, savings target amount for housing purchase, possibility of financial support from parents and relatives, reason for not purchasing a house. (2) General lifestyle aspects, savings, insurance, etc.: Life anxiety, consumption/savings behaviors, items of expenditure to save money on, future savings/investment behavior and intentions, actual financial asset holdings (currently held financial products, total financial assets, financial asset portfolio), knowledge about financial products, priorities when purchasing financial products (thoughts on the functions of financial products, thoughts on collecting information, thoughts on selecting financial products and financial institutions). (3) Life protection awareness: Self-help support measures respondent wants from the government, awareness/application experience of life insurance premium deduction, thoughts on life insurance premium deduction, impact when life insurance premium deduction is abolished/reduced (household expenditure, contract continuation/enrollment behavior). Face items: Gender, age, number of siblings, eldest son/daughter, highest level of educational attainment, annual income, occupation, number of employees at work, whether or not there is a transfer with relocation, marital status, year of marriage, spouse (age, number of siblings, eldest son/eldest daughter, highest level of educational attainment, annual income, occupation, number of employees at work, whether or not there is a transfer with relocation), number of children, age of firstborn, family health/cohabiting or not/parents' place of residence and whether cohabiting with siblings, whether or not supporting parents/supporting living expenses of parents, existence of assistance with living expenses, possibility of inheritance of residential real estate, amount of savings/investment in the last year, amount of debt repayment in the last year
Date of Release	2003/02/14
Topics in CESSDA	Click here for details
Topics in SSJDA	Economy/Industry/Management
Version	2003/02/14 ：
Notes for Users	Variable and value labels are written in Japanese.