• Title/Summary/Keyword: housing ownership structure

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Characteristics of Housing ownership Structure and Residential Location Preference of Korean Immigrants: Case Study of Korean Immigrants in Washington State (한인 이주민의 주택 소유구조 및 주거입지 선호 특성 -미국 워싱턴 주 사례를 중심으로-)

  • Park, Wonseok
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.4
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    • pp.660-675
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    • 2012
  • This paper aims at, analyzing the characteristics of immigration path, residential status and residential location preference of Korean immigrants in Washington State of United State. The main results of this study are as follows. Firstly, according to the questionnaire survey results, respondents tend to prefer own housing as their incomes are higher. Secondly, Location factors which respondents most prefer are safety, natural environment and school district. Thirdly, household income influences the housing ownership rate of respondents, according to the result of binomial logistic regression analysis on the impact of individual characteristics of the respondents on the housing ownership structure. Finally, according to the results of logistic regression analysis on the impact of individual characteristics and housing ownership structure of the respondents on the residential location preferences, (1) respondents who own housings more prefer school district as residential location factor, (2) respondents their age are over 40 years old prefer safety/amenity as residential location factor, (3) respondents their immigration period are more than 10 years prefer safety/amenity as residential location factor, (4) respondents their initial immigration region are not Washington state prefer safety/amenity as residential location factor.

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Analysis of Value for Ownership Conversion in the Public Rental Housing REITs According to Real Option Scenarios Reflecting Macroeconomic Variables (거시경제변수를 반영한 실물옵션 시나리오별 공공임대주택리츠 분양전환 가치 분석)

  • XUAN, Meiyu;Jang, Mi Kyoung;QUAN, Junlong;Kim, JuHyong
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.3
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    • pp.74-83
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    • 2017
  • The recently introduced public rental housing REITs was just different the business structure from the existing public rental housing system and the basic supply system is the same. So the ownership conversion for public house over 10 years rental duration is possible after half of the obligated rental duration according to the agreement between lessor and lessee. However rental business operators are likely to have a negative attitude to the early ownership conversion because of less expected profit. Thus, there is a need for an analysis of proper early ownership conversion moment that can achieve public purposes while ensuring the profitability of public rental housing REITs. In this study, the characteristics of the ownership conversion rights that can lessee to exercise considered to be options. Also the nature of 'REITs', 'public rental housing REITs' is considered to be affected by the macroeconomic variables. Thus, this study analyzed the value for ownership conversion in the public rental housing REITs according to real option scenarios reflecting macroeconomic variables. As a result, according to the change of the variation rate of the macroeconomic variables, it was found that with adjustable early ownership conversion time using the DCF(Discounted Cash Flow) model. Therefore, it is possible to ensure profitability of early ownership conversion by predicting the variation of variables.

The Legislation of SI Distinction & Separation in Long-Life Housing (장수명 공동주택에서의 SI구분 및 분리기준에 관한 법제화 방향)

  • Chung, Joon-Soo;Kim, Soo-Am
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.04a
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    • pp.222-225
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    • 2009
  • The apartment housing in Korea has been rapidly constructed by adapting the most suitable construction methods as like wall structure, wet and united construction. But most of short-lived equipments usually filled in the structure which has longer life, and it causes not only to make difficult coping with the deterioration of equipments but also to let buildings remained deteriorate themselves. The buildings can be remodelled to slow down the terms of deterioration or reconstructed to give a new life of themselves, although the disposal of wastes or the lack of natural resources still be problems and unsolved that can occurred in pulling down and reconstructing the buildings. Furthermore, it is the time to need keeping with worldwide trends and movements as like sustainability or 'green growth' movements based on low carbon emissions. The researches for Long-Life Housing apartments which has durability and variation have been advanced up to now. Long-Life Housing apartments can separate their structures from equipments and interior or exterior materials of buildings. Therefore equipments or materials of buildings can be easily repaired and replaced with new ones, even if they are deteriorated themselves. Also, the construction process of Long-Life Housing apartments can be independent from the matter of proprietary rights, terms of durability, decision rights and so on. 'The law of Possession and Management of Collective Building' and the 'Regulation of Management of Collective Building' established by each local governments are already legislated for declaring the rights of using and ownership, responsibilities of each parts of apartment buildings. These laws and regulations classify the ownership of each parts of apartment buildings, and divide the ownership with public possession and exclusive possession. Therefore, this study will conduct comparative analysis between 'The law of Possession and Management of Collective Building' and 'the Regulation of Management of Collective Building' and find problems which can be occurred in future construction of Long-Life Housing apartments. It will be helpful to revise laws and regulations.

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A Comparative Study of Residential Mobility between Home-owning Households and Renting Households (자가 거주 가구와 임차가구의 주거이동 특성 비교)

  • Yang, Se-Hwa;Kim, Myo-Jung
    • Journal of Families and Better Life
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    • v.29 no.3
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    • pp.13-22
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    • 2011
  • The purpose of the study is to analyze the residential mobility effects and planning discrepancies of home-owning households and renting households. The data for the empirical analysis were collected from 248 units residing in Ulsan and were studied using descriptive statistics, chi-squared tests by cross-tabulation and multiple regressions. The majority of the households did not experience a change in types of housing structure or ownership after the residential mobility. However, the housing size increased after residential mobility, showing that most moves were due to the deficit of housing sizes. In terms of future mobility plans, there were significant differences between home-owning households and renting households. More than two-thirds of the renting households were willing to move within 2-4 years to obtain home ownership. On the other hand, most home-owning households were willing to move for housing size, education of the head, and investment purposes. Compared to the forty-four percent of the home-owning households, seventy-two percent of the renting households were willing to relocate, which shows the effects of unstable housing circumstances.

Characteristics of the Immigration Path and Residential Location of Korean Immigrants in London Metropolitan Area (런던지역 한인 이주민의 정착경로 및 주거입지 특성)

  • Park, Wonseok
    • Journal of the Economic Geographical Society of Korea
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    • v.18 no.4
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    • pp.467-491
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    • 2015
  • This paper aims at analyzing the characteristics of the immigration path, residential location, and housing ownership structure of Korean immigrants in London metropolitan area. The main results of this study are as follows. Firstly, factors influencing the initial residential location of Korean immigrants are situation of immigrants, immigration region, and help of prior Korean immigrants. Secondly, factors influencing the current residential location of Korean immigrants are income, ability of English, education at United Kingdom, and initial residential location. Thirdly, viewing the characteristics of the of housing ownership structure, migrants tend to reside their own housings while migration period go beyond 10 years and incomes exceed ${\pounds}$50,000. Forth, immigration path types of London Korean Immigrants are divided by ethnic enclave oriented type and mainstream society oriented type.

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A Study on the Housing Norm of the Large Cities' Middle Classes - With special reference to the housewives living in Seoul area (대도시 중산층의 주거규범에 관한 연구 - 서울시에 거주하는 주부를 중심으로 -)

  • 이연복
    • Journal of the Korean housing association
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    • v.2 no.1
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    • pp.13-34
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    • 1991
  • The main purpose of this study is to examine housing norm of the middle classes, housing norm and normative housing deficits by independent variables(socio - economic variables, family characteristic variable sand housing characteristic variables).There are two major findings of this study as follows :1. In the housing norm, housing space is 99.Om2, the number of rooms is 3.0, housing structure type is apartment, the maintenance cost is 13 thousand won, and housing tenure is home ownership. And housing qualify is classified into 5 dimensions, and neighborhood environment is classified into 3 dimensions.2. This thesis is to conform Morris et aL.(1984)`s hypotheses that cultural norm is homogeneous in culturally unified society and if it appears heterogeneously, It is the subject`s reporting error of the subjects confusing cultural norm with family norm.

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Meaning and Use of Housing through Narrative Life History in Korea II : Focused on the Use of Housing (생애구술을 통해 본 주거의 의미와 사용 II : 주거의 사용을 중심으로)

  • Hong, Hyung-Ock;Yang, Se-Wha;Jun, Nam-Il
    • Journal of Families and Better Life
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    • v.27 no.2
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    • pp.155-171
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    • 2009
  • This study was designed to examine the use of housing in modern Korea, and to draw the interrelation of people and housing. In-depth interviews were conducted, and the qualitative research investigated various aspects of housing history among four individuals during the different phases of social and economic transitions. 4 narratives showed the unique characteristics of life history, and the findings indicated that the housing experiences were closely related to hometown, the relation to birth family at postmarriage, economic status, and the meaning of home. The main findings were as follows: the validity to select the interviewers was proved in that the selection was based on both housing structure type and ownership, and also the research indicated that economic status and housing structure type influenced the entire housing experience of each interviewee. The use of housing varied and the implications of housing lied in social and economic contexts. The use of housing, of which the term was contrived to alternatively described housing consumption modes, and chronology were affected by such individual factors as economic status, familiar relationships, residential location, the meaning and subjectivity of housing.

Analysis on the Car Ownership Structure Considering Household Car Ownership Pattern (가구별 차량보유패턴을 고려한 차량 보유구조 분석)

  • Lee, Jeong Hun;Jung, Hun Young
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.36 no.4
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    • pp.667-675
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    • 2016
  • The goal of this study is to be used as baseline data for transportation demand management. At the present time the number of registered car and householding car is increasing, so there is a need to analyze the car ownership pattern through household car hold status. Also, it is necessary to analyze the factor of increasing car. The research is proceeded with classifying as the household which is holding private cars or holding passenger cars and non passenger cars based on the result of the research of the household travel survey data. The result of this study is shown as follows. According to car ownership pattern, there are more households holding passenger cars only when they are holding less than 2 cars. Otherwise there are more households holding passenger car and non passenger car when they are holding more than 3 cars. Using the Ordered Logit Model, there are more differences in factors affects holding cars by variables of housing type and household properties.

Changes of Housing Conditions in Later Life -Regional Comparison of Urban vs Rural Elderly- (老後 住居狀況 差異에 關한 硏究 -도시와 농촌의 비교를 중심으로-)

  • 이인수
    • Journal of the Korean housing association
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    • v.9 no.2
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    • pp.1-11
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    • 1998
  • This study has been performed to analyze housing status in later life. In this study, 234 Koreans aged 60 or more were interviewed for their current housing status. The results are drawn as follows: 1. The household size does not highly fluctuate in later life; it ranges from three to five overall. But there is a trend difference over region; The household size continuously increases until 70's in urban area, but it shows increase & decrease changes over five-year intervals. 2. The number of bedrooms slightly ranges from 3- to 3.8 over urban and rural areas without noticeable trend for age intervals. 3. Use of indoor area has regional difference; It ranges from 28 to 40 pyoung in urban area, but it does more widely form 27.7 to 50 in rural area. 4. There is a most significant region effect on structure type for the elderly; For the urban elderly, proportion of those living in single detached dwelling consistently decreases as age increases. For the rural elderly on the other hand, the rate of those living in single detached dwelling sharply increases in their 70's and the rate reaches 85.7%. 5. For the ownership trend, more than 70% of the elderly are home owners at the age 60-64, but the rate continuously decreases in later life stage while the rate of those living in their children-owned home increases.

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A Study on Environment-friendly Housing Behaviors and their Related Factors (환경 친화적 주생활 행동과 관련 요인에 관한 연구)

  • Shin, Hee-Yong;Cho, You-Hyun
    • Journal of Family Resource Management and Policy Review
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    • v.14 no.4
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    • pp.39-56
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    • 2010
  • The purpose of this research was to analyze the relationship between environment-friendly housing behaviors and the influential variables among consumers by focusing on housing life. This research carried out a questionnaire survey with housewives living in Seoul and the Metropolitan area using a questionnaire that was composed based on previous research. The housewives' environment-friendly housing attitudes and their resource-saving knowledge level, along with environmental education-related variables, house ownership, and the housewives' employment appeared to be significant variables in explaining the generic environment-friendly housing behaviors found in this research. Three regression equations, classified into purchasing, utilization, and disposal behaviors, were employed. The empirical results were relatively similar to those for the generic environment-friendly housing behaviors; however, each model provided somewhat different results in some specific aspects. All the environmental education-related variables appeared to be significant in explaining environment-friendly housing utilization behaviors, and were similar to the results obtained from the generic environment-friendly housing behaviors. However, the variables were limited in explaining environment-friendly housing-related disposal behaviors. The convenience, recycling ease, and family-structure variables appeared to be significant influences on environment-friendly housing-related disposal behaviors. Most empirical results of this research were consistent with those of previous studies. However, the explanatory independent variables varied, depending on the types of each domain of environment-friendly housing behaviors studied.

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