• Journal of the Korea Institute of Building Construction
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• v.21 no.3
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• pp.221-229
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• 2021

Public rental apartment is increasing due to the needs and changes of the times, but there is a lack of advancement in terms of management. As asset management in domestic buildings still remains unchanged from the concept of repair after failure or breakdown, social cost reduction is needed through the introduction of the concept of asset management. Therefore, the purpose of this study is to present the management indicators for public rental housing asset management by identifying the concepts of domestic public rental housing asset management and the existing evaluation indicators through the consideration of domestic and foreign literature. To this end, this study identified the management factors presented overseas and analyzed the repair cases and history of domestic public rental housing to present sustainable management indicators suitable for domestic conditions. Through this, this study presented the basic direction for the management of rental housing as a public good in the future.

• Korean Journal of Construction Engineering and Management
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• v.7 no.6
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• pp.185-192
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• 2006

The maintenance expenses of public rental housing have drastically been increased as facilities become obsolete. As an effective means of managing such a situation, accurate estimating of maintenance expenses and securing financial resources are crucially important. It, therefore, is necessary to analyze major factors affecting on maintenance expenses of public rental housing's facilities, and develop an effective instrument to estimate them. On the other hand, the U.S.A, where approximately 60 percent of public rental housing's operating costs are supported by the state, has already developed an effective tool to forecast operating costs based on several years' actual data. As a result, public rental housing has been operating with a reasonable level. However, there have been no remarkable researches and studies in this field in Korea. In this context, this study attempts to examine principal determinants of maintenance expenses of public rental housing's facilities, and their influence based on the latest five years' actual operating costs. This study may contribute to develop an objective and precise tool to forecast maintenance expenses of public rental housing.

• The Journal of the Korea Contents Association
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• v.13 no.12
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• pp.484-493
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• 2013

The Korean Government has provided public rental housing to stabilize civilian dwelling. However, unreliable management of public rental housing threatens the stability of residency. This study analyzes the default of public rental housing and the cause of default through a case study, which was intended for the residents in apartment complexes in danger of default. It also suggests countermeasures to cope with the problem of public rental housing. The results are listed as follows. First, rental housing apartments contribute a lot to the housing stability policy. On the other hand, the default of housing development, which is derived from the bankruptcy of housing management companies and the negligent control of government, brings about a serious problem for housing stability. Second, although the government has made a steady effort to solve this default problem, 9000 residents from 8 apartment complexes in Korea have experienced extreme unstable residency. Third, there are many causes for the default of public rental housing such as unqualified management companies and cursory monitoring by the government. The fundamental solution is to prevent public rental housing management companies from managing, or to build a new management system of public rental housing. To solve this problem, it's recommendable to delete the application term in the special law on the default of public rental housing so that it can be applied to all default apartments. If it is not possible to perform the policy for financial reasons, a new supply of civil housing provided by private companies needs to be re-examined completely or banned.

• 주택과사람들
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• s.202
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• pp.24-25
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• 2007

미국, 유럽 등 선진국에서는 1950-70년대 지어진 공공 임대 주택 단지의 상당수가 현재 빈민가로 전락, 사회 문제가 되고 있다. 임대 주택의 가장 큰 문제점은 유지.관리라는 것을 알려주는, 선진국의 임대 주택 정책을 살펴보고 우리가 앞으로 나아가야 할 방향에 대해 고민해보자.

• Korean Journal of Construction Engineering and Management
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• v.23 no.3
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• pp.83-94
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• 2022

The number of public rental housing has increased according to the government's 「Housing Welfare Roadmap (2017)」, and facility maintenance costs for the demand of improvement of performance and residential standards due to the aging of long-term public housing are significantly increasing. Consequently, the financial burden of public housing rental business for maintaining stocked housing is aggravated. However, there is a lack of objective data to analyze the size of the maintenance costs that are executed by the type of repair work, and the elapsed years of the aged long-term public rental housing. This study analyzes the execution status of 33 long-term public rental housing complexes located in Seoul for 14 to 28 years of elapsed years based on the data of maintenance costs. In addition, this study proposes a model to predict the maintenance costs by elapsed years by dividing 'Long-term Repair Plan Work and Government-Funded Project [Y₁]', 'Planned Repair Work and General & Unplanned Repair Work [Y₂]', and 'Total maintenance costs [Y₃]'. It is intended to be used as basic data for the establishment of the maintenance plan at the stage of setting up the budget and the establishment of the sustainable operation plan for public rental housing

• Korean Journal of Construction Engineering and Management
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• v.6 no.6 s.28
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• pp.171-180
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• 2005

Public rental housing is constructed, owned, and managed by the public sector. The public institution for the public rental housing controls the whole building life cycle from the construction to the demolition. The construction company for the house built for sale is strongly interested in the cost for the initial investment, while the public institution is more focused on the maintenance cost for the preservation of the buildings Nevertheless, the maintenance cost of the public rental housing has been only managed as the accounting factor without the systemic research and analysis on the actual condition. This paper shows how expenses are related to the degree of obsolescence and presents the differences of the maintenance costs by the housing area and expenditure trends (vs time) of the maintenance costs, through analyzing time series data of public rental housing maintenance cost. Further, this paper helps understanding the causes of the differences of the maintenance costs by housing areas and characteristics of the expenditure trends. After all, this paper contributes to the improvement of the reliability and the practicality for the Life Cycle Cost modeling and the maintenance cost estimating.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.781-786
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• 2007

According to increase in supply of public rental housing, in connection with support plan of housing welfare from government, necessity of maintenance management is coming to be important. By analyzing characteristics of public rental housing and maintenance management system, this study grasped developmental possibility of a web based maintenance management system as well as a critical point for improvement of problem and elevation of efficiency about maintenance management process. As we present not only useful possibility of ubiquitous equipments utilizing IT like PDA but effectiveness by using, based on this result, we represent course of improvement to systematic development for user that complement the existing maintenance management system which is currently developed.

• Journal of the Economic Geographical Society of Korea
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• v.22 no.1
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• pp.36-51
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• 2019

The purpose of this study is to elucidate the implications for the effective use of rental housing REITs in Korea by analyzing the characteristics of rental housing REITs in Japan, focusing on the operation and asset management of rental housing REITs. The main results of the study are as follows. In the case of Japan, rental housing REITs are invested and operated by profit-based private companies, and are activated with small rental housing in the city center as a niche market. In particular, it has secured the reliability, expertise and permanence of REITs by utilizing the sponsored REITs structure. This is possible because Japan has infrastructure for the supply and operation of corporate rental housing. Based on these analyses, ways to revitalize private investment, and ways to utilize sponsored REITs to enhance REITs' credibility were derived. for the effective use of domestic rental housing REITs.

• The Journal of the Korea Contents Association
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• v.22 no.5
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• pp.187-202
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• 2022

The purpose of this study is to, focusing on public rental housing, examine the influence of the management and living environment factors of multi-unit residential buildings upon their satisfaction with living, brand loyalty, and intent of recommendation, and investigate the mediating effect of the satisfaction with living. For this study, the researcher surveyed the residents of public rental housing facilities in Seoul and Gyeonggi Province, which resulted in the analysis of 331 responses. The data was analyzed using SPSS 23.0 and AMOS 23.0 programs. The findings of this study are as follows; The management and living environment quality factors of public rental housing facilities had a direct impact on the satisfaction with living, brand loyalty, and intent of recommendation. And, the sub-factors of the management and living environment quality that influenced each variable were different among themselves. Also, the satisfaction level with living in public rental housing facilities had a significant impact on the intent of recommendation, while it had a mediating effect in the relationship between the management and living environment quality factors of public rental housing facilities and the intent of recommendation.

• Land and Housing Review
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• v.15 no.3
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• pp.25-43
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• 2024

Using the 2021 Korea Housing Survey Data, this study compared and analyzed the factors influencing the residential mobility of residents in public and private rental housing by population and social characteristics, economic characteristics, and housing characteristics. The analysis results are as follows. As a result of descriptive statistics analysis, it was found that private rental households were young and economically active. While the proportion of apartment residents and new housing, and the level of housing satisfaction were low, the level of housing insecurity was high. Through logistic regression analysis, significant factors influencing the residential mobility of private and public leases were analyzed. In terms of demographic and social characteristics, private leases were affected by marital status, the number of household members, the age of the household head, and the residential area, while public leases were affected by marital status and the age of the household head. In terms of economic characteristics, private leases were affected by assets, debt, and housing management costs, while public leases were affected only by debt. In terms of residential characteristics, private leases were affected by periods of homelessness, housing satisfaction, housing insecurity, and a sense of homeownership, while public leases were affected by housing type, years of construction, housing satisfaction, housing insecurity, and a sense of homeownership.