• Korea Real Estate Review
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• v.24 no.1
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• pp.105-120
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• 2014

This research is to examine the impacts of the on-going global financial crisis on the housing systems of welfare states. Four developed economies in the Western Europe were selected for the analysis, and the qualitative research employed in-depth interviews with scholars in the fields of housing market and social policy in order to meet the research goal. The major findings indicate that the global economic crisis embedded into the liberalization of housing finance and the inadequacy of regulatory measures caused the vicissitude of housing markets, and its scale and magnitude could be determined by the resilience of each state's housing system. While the globalization of housing finance markets rendered easy borrowing for homeownership, intensive competition for excessive lending among financial institutions backed by heavy reliance on inter-bank and overall bank triggered market volatility, and further worsened household and public debts. It's clearly evident that a housing system with varied safety nets becomes a greater cushion to bear the risks of the financial crisis and to weather the economic storm.

• The Journal of the Convergence on Culture Technology
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• v.5 no.4
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• pp.43-49
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• 2019

The purpose of this study is to estimate the expenditure determinants of the leisure goods consumption market. In order to achieve the research purpose, 6597 samples of household trend survey data were used. Tobit model was applied to estimate expenditure determinants. As a result of analysis, expenditure determinants for sporting goods were influenced by marital status, education level, age, number of households, housing ownership and income level. The variables influencing spending on leisure items such as mountain climbing, fishing and hunting items were influenced by gender, marital status, education level, age, number of households, housing ownership and income level. The analysis results can be used as policy data for the establishment of leisure culture. The National Statistical Office's household trend survey is a yearly survey through a nationwide survey, but despite the fact that it is reliable data, it is not possible to apply various variables such as psychological characteristics to estimate consumer expenditure determinants more concretely. Has a limit of.

• Korea journal of population studies
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• v.26 no.1
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• pp.171-194
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• 2003

The present study investigates the effects of lopsided regional policy and social prejudice on homeownership disparities by household's place of birth of household head in Seoul. The present study utilizes individual household-level census data (2% sample) to evaluate households' residential well-being denoted by homeownership status during the period of 1980-2000. Decomposition techniques based on tenure choice models were used to provide evidences of the home-ownership disparities caused by regional policy and prejudice. We found that households from Gangwon and Honam provinces represent a disproportionately small percentage of homeownership compared with those originated from other provinces. In the statistical analysis, the present study found that having controlled for the factors traditionally thought to influence households' choice of housing tenure, as well as other housing market characteristics in Seoul, place of birth has played a primary role in determining whether or not households become a homeowner. Most strikingly, while most of the disparity in homeownership ratios between households from Youngnam and households from Gangwon in the housing market is due to the endowment differences in human capitals they bring to the market, those between households from Youngnam and households from Honam is largely due to residual differences explained mainly by social discrimination and prejudice against people from Honam. The present study summarized that place of birth has played a primary role in determining whether or not households become a homeowner in Korea. The present study concluded with some policy issues relevant to this study and suggested some future studies.

• Journal of the Korean association of regional geographers
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• v.17 no.6
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• pp.710-725
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• 2011

The purpose of this study is to analyze both residential conditions and the resident impressions of the transition zone of central Daegu. The results drawn from a questionnaire survey of the residents are summarized as follows: 1) The proportion of people over the age of 60 living on a low income is high and consists mostly of retired citizens who have lived in the transition zone, in their own homes, for an extended length of time 2) The condition of infrastructure in the transition zone is very poor, however, despite the housing deterioration, the internal repair and maintenance of houses is more satisfactory than their external appearance. 3) Residential satisfaction received high ratings in every category except pollution and housing price. This response appears to stem from the easy commute of residents as well as the ready availability of facilities in the city center. 4) In terms of residential satisfaction, the residents can be divided into two groups. The first, with a high satisfaction rate, consists mainly of senior citizens who possess both personal homes and a stable living, having resided in the city center for most of their lives. The second, with a lower satisfaction rate, is composed mostly of younger residents who have lived temporarily in inexpensive rental homes. As a results, the residential area in the transition zone of central Daegu does not appear to be a problematic area like the slum of the West, but instead a stable settlement for its residents.

• Korean Journal of Construction Engineering and Management
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• v.11 no.1
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• pp.79-87
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• 2010

The purpose of this study is to find decisive factors affecting Share-styled Apartment house Lee Myung-bak announced for the homeless masses in February 2008. This policy tried to add up defects from Half-priced Apartment house enforced in 2007. Seoul is ranked as the highest PIR(Price Income Rate) city in the world, as far as the difficulties in getting own house is concerned. Korean government has announced a lot of policies to control the price of real-estate, especially housing bubble phenomenon, since the convalescence from IMF financial crisis. By making questionnaires to get an important factor and taking counsel with related specialists, this thesis found what kind of roles the objects including government, institutions and people should play or focus on.

• Design Convergence Study
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• v.15 no.2
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• pp.203-222
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• 2016

The age-friendly environments have the benefits that they provide not only the elderly, but also the disabled, children, pregnant, and young persons with the convenient environments. The study examined how degree the aged perceived their physical living environments were age-friendly. The data were collected from 525 old peoples living in Busan using by the person to person interview. All 34 items related to the age-friendliness of outdoor space and building, traffic, and housing were analyzed. The aged perceived that the agefriendliness of their living environments were mid-range. This implies that the improvements of their physical living environments were needed. The age-friendliness of housing area was the lowest among three areas. This means that the alternatives for improving the old persons' houses were needed. The characteristics which affected the aged' perception of the age-friendliness of physical living environments were economic level, housing type, home-ownership, and health condition.

• Land and Housing Review
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• v.5 no.4
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• pp.235-246
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• 2014

In the late 1980s, 5 new towns such as Bundang, Ilsan, Pyeongchon, Sanborn, Jungdong were constructed to solve housing problems and to disperse functions concentrated within Seoul. As the city got matured, it began to appear the initial signs of urban problems such as aging of high rise-density apartment sites, traffic congestion, lack of parking spaces and aging of infrastructure. Therefore, in order to cope with urban problems, it is very important to apprehend the process of urban growth, its change and the feature of physical/human elements. So, the purpose of this thesis is to analyze the changes in housing and population characteristics for past 20 years by use of Census data from 1995 to 2010. First, the new town's goal of population and housing plan at the time of construction was analyzed how it was achieved, and it is close to the performance of the goal. And the trend of changes in the population and household characteristics was analyzed by every five year's data. As the result of analysis, it shows socio-demographic changes such as aged and elderly population growth, rapid increase in one generation's household and single person household, highly educated city, monthly rent household's increase and charter household's reduction. Results of this analysis can be utilized to aforethought management of new towns. But it is required more sustained and systematic urban monitoring and data analysis because the one-off analysis of the city's characteristics alone is difficult enough to grasp them.

• Environmental and Resource Economics Review
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• v.27 no.1
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• pp.105-138
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• 2018

This paper reports novel empirical results of a choice experiment that elicited the economic values that residents in the Seoul metropolitan area place on the amenity services realized from the landscape views and accessibilities to urban green spaces (i.e., mountains, rivers and urban parks). The 1,000 respondents in the sample were divided into two residential of housing types (apartments vs. houses) and occupancy types (owners vs. tenants). Residents living in apartments are willing to pay an average of 28% (5.0 million KRW per year) above the current housing prices per household for a mountain view, compared to an apartment view from their living room. Their willingness to pay values are about 22% (4.0 million KRW per year) and 10% (1.8 million KRW per year) respectively for a river view and a urban park view. Economic benefits of having access (i.e., a 10 minutes working distance) to mountains, rivers and urban parks are estimated to be an average of 16% (2.9 million KRW per year), 20% (3.6 million KRW per year) and 18% (3.2 million KRW per year), respectively, above the current housing prices per household. On the other hand, access benefits for those residing in houses are 18% (4.7 million KRW per year), 16% (4.1 million KRW per year) and 22% (5.6 million KRW per year) per household, respectively. They are also willing to pay an average of 35% (8.9 million KRW per year) above the current housing prices for keeping or having a garden or vegetation bed. Furthermore, a strong "greenspace premium" is centered around the three Gangnam districts for house-dwellers, whereas it is areas of "new real estate boom" for apartment dwellers.

• Korean Journal of Construction Engineering and Management
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• v.19 no.2
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• pp.96-106
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• 2018

The government adopted activation policy of real estate to overcome low economic growth rate. Real estate activation plan adopted by the government raised credit limit by lowering the regulation, and reduced real estate investment cost by reducing the base rate. Also, delayed transfer tax on multi-house owner to activate real estate investment and resolved purchase right resale. Relief of real estate regulate caused increase of housing sales and price increase, and the real estate market changed to overheating aspect such as premium upon completion of lot sale in a short time. Such market atmosphere greatly increased household debs as owners own houses based on 'financial debt' instead of their income. Since 2017, real estate policy was reinforced to reduce household debts and lending rate was raised due to rise of base rate, accordingly, burden of household debt is expected to increase. This research suggested a plan for the Financial Supervisory Service to efficiently manage the financial world by analyzing the cause and problem of household debs.

• Journal of the Korea Institute of Building Construction
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• v.23 no.4
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• pp.405-416
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• 2023

Recent seismic activities in countries like China and Turkey have underscored the widespread and severe damages that earthquakes can inflict globally. Being situated in a seismically active zone, South Korea can no longer regard itself as immune to earthquake hazards, necessitating the urgent adoption of proactive measures against such threats. The government has been proactive in evaluating, formulating processes, and methods for the seismic retrofitting of public buildings lacking in earthquake resistance. However, enforcement mechanisms for privately-owned apartment complexes are absent, and in the face of insufficient previous research and guidelines, preemptive measures for public safety remain alarmingly inadequate. With over 48% of residential structures in Korea aged over 30 years, and apartment complexes constituting more than 80% of these, the gravity of the situation is undeniable. This study deduces key factors for seismic retrofitting of apartment buildings like earthquake zones, soil type, building significance, aging degree, vulnerability, etc., based on building seismic design codes. It further proposes an algorithm for a more succinct and efficient determination of the priority of seismic reinforcements for apartment buildings.