Journal of Korea Planning Association (국토계획)

Korea Planning Association (대한국토도시계획학회)
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A Study on Economic Utility of Tax Support System of Commercial Lessors for Preventing the Side Effects of Gentrification - Focused on Seongsu-dong Urban Regeneration Area -

젠트리피케이션 부작용 방지를 위한 상가임대인 조세지원 제도의 경제적 효용에 관한 연구 - 성수동 도시재생활성화지역을 중심으로 -

  • Lee, Ha-Yeon (Department of Urban Planning & Design, The University of Seoul) ;
  • Lee, Ji-Hyeon (Department of Urban Planning & Design, The University of Seoul) ;
  • Nam, Jin (Department of Urban Planning & Design, The University of Seoul)
  • Received : 2018.04.24
  • Accepted : 2018.10.30
  • Published : 2018.11.30
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Abstract

The purpose of this study is to provide a logical basis for guarantee the effectiveness of the tax support system, which is one of the main measures to prevent the side effects of commercial gentrification. For this purpose, this study analyzes the combination of tax support to replace the loss of net rental income due to stabilize commercial rents and annual rent increase rate that can be substituted through the tax support system based on economic utility of commercial lessors in Seoung-dong, Seoul. The result of this study shows that the tax support system can be used as an effective means to substitute a considerable portion of the net rental income loss due to stabilize commercial rents of Seongsu-dong. However if the rent price continues to rise every year, the tax support system does not work. In order to guarantee the sustainability of the tax support system, annual rent increase rate should be kept below a certain level.

Keywords

Acknowledgement

Supported by : 국토교통과학기술진흥원

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