Pub Date : 2022-12-31DOI: 10.31303/krear.2022.88.70
hye-Jin seo, Jung-A Park
1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to provide the measures and implications to increase the adjustment establishment rate by identifying the status of commercial real estate lease disputes and deriving the factors affecting the establishment of adjustment in Seoul Metropolitan. (2) RESEARCH METHOD The analysis method used binary logistic regression analysis that can be used when the dependent variable has binary characteristics among regression analysis, and the analysis tool used SPSS statistics 21 (3) RESEARCH FINDINGS As a result of using the binary logistic regression analysis method with the ultimate goal of dispute settlement as a dependent variable, six variables, 'Applicant Age', 'Applicant Gender', 'Processing Period', 'Rental Increase or Decrease', and 'Contract Renewal', were found to affect the establishment of adjustment. 2. RESULTS If we derive implications, the rate of mediation application was high in the order of disputes related to maintenance and repair following the increase or decrease in rent, so disputes related to maintenance can be prevented in advance and on-site mediation or insurance using expert members considering the urgency. In order to reduce the dismissal rate for each type of mediation case and increase the mediation establishment rate, it is necessary to find a pilot introduction of mediation preposition by specifying mediation cases, and the use of face-to-face meetings using the advantages of mediation is expected to play a positive role in mediation.
{"title":"A Study on the Improvement Plans through Determinants Analysis of Dispute Mediation for Commercial Lease in Seoul Metropolitan","authors":"hye-Jin seo, Jung-A Park","doi":"10.31303/krear.2022.88.70","DOIUrl":"https://doi.org/10.31303/krear.2022.88.70","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to provide the measures and implications to increase the adjustment establishment rate by identifying the status of commercial real estate lease disputes and deriving the factors affecting the establishment of adjustment in Seoul Metropolitan. (2) RESEARCH METHOD The analysis method used binary logistic regression analysis that can be used when the dependent variable has binary characteristics among regression analysis, and the analysis tool used SPSS statistics 21 (3) RESEARCH FINDINGS As a result of using the binary logistic regression analysis method with the ultimate goal of dispute settlement as a dependent variable, six variables, 'Applicant Age', 'Applicant Gender', 'Processing Period', 'Rental Increase or Decrease', and 'Contract Renewal', were found to affect the establishment of adjustment. 2. RESULTS If we derive implications, the rate of mediation application was high in the order of disputes related to maintenance and repair following the increase or decrease in rent, so disputes related to maintenance can be prevented in advance and on-site mediation or insurance using expert members considering the urgency. In order to reduce the dismissal rate for each type of mediation case and increase the mediation establishment rate, it is necessary to find a pilot introduction of mediation preposition by specifying mediation cases, and the use of face-to-face meetings using the advantages of mediation is expected to play a positive role in mediation.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"59 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133390513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-12-31DOI: 10.31303/krear.2022.87.33
Jae Jeong Shim
1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to contribute to national defense policies by analyzing the status of conflicts between the private and the military over military ammunition storage facilities and deriving the direction of policies for promoting effective conflict management methods and the optimization of the protection zone of military installations. (2) RESEARCH METHOD Three ammunition supply point (ASP)-level ammunition storage facility units, where conflicts were resolved or in progress, were selected and their conflict management status was analyzed, and literature review and interview with the relevant personnel were conducted at the same time. (3) RESEARCH FINDINGS It was found that the conflicts can be managed effectively if the private-military joint areas are expanded through the application of the service distance to the existing ammunition storage facilities; the protection zone is reduced through the expansion of underground ammunition storage facilities; and if the cooperation system among the private, the government, and the military is reinforced. 2. RESULTS The military should continue to make efforts to supplement the operation system and improve facilities, alleviate and release the protection zone of military installations, and strengthen ties with the local community in order to properly manage the conflicts related to ammunition storage facilities.
{"title":"A Study on Conflicts Related to Military Real Estate Facilities: Focusing on Measures to Manage Conflicts Related to Military Ammunition Storage Facilities","authors":"Jae Jeong Shim","doi":"10.31303/krear.2022.87.33","DOIUrl":"https://doi.org/10.31303/krear.2022.87.33","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to contribute to national defense policies by analyzing the status of conflicts between the private and the military over military ammunition storage facilities and deriving the direction of policies for promoting effective conflict management methods and the optimization of the protection zone of military installations. (2) RESEARCH METHOD Three ammunition supply point (ASP)-level ammunition storage facility units, where conflicts were resolved or in progress, were selected and their conflict management status was analyzed, and literature review and interview with the relevant personnel were conducted at the same time. (3) RESEARCH FINDINGS It was found that the conflicts can be managed effectively if the private-military joint areas are expanded through the application of the service distance to the existing ammunition storage facilities; the protection zone is reduced through the expansion of underground ammunition storage facilities; and if the cooperation system among the private, the government, and the military is reinforced. 2. RESULTS The military should continue to make efforts to supplement the operation system and improve facilities, alleviate and release the protection zone of military installations, and strengthen ties with the local community in order to properly manage the conflicts related to ammunition storage facilities.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128435353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.45
Hye-Seon Yang, Hae-jung Chun
1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to establish an office price prediction model in a situation where Seoul prime office is preferred as an investment product for real estate funds and REITs in the domestic real estate indirect investment market. (2) RESEARCH METHOD The methodology of this study analyzed the VAR model, SimpleRNN model, and LSTM model using macroeconomic indicators and market condition indicators to compare office price prediction power. (3) RESEARCH FINDINGS As a result of the analysis, the RMSE of the VAR model was lower than that of the LSTM model and the RNN model, so it was analyzed that the predictive power was high. These analysis results empirically show that the VAR model, a multivariate time series eep learning model, an artificial neural network algorithm. 2. RESULTS As a result, this study confirmed that the Seoul prime office market operates in a linear relationship rather than a non-linear one between variables. In other words, compared to other real estate markets, the Seoul prime office market can be seen as a market in which prices are formed while exhibiting a stable relationship with interrelationships between variables rather than rapidly changing environmental factors such as macroeconomic variables in terms of price prediction through time series methodology.
{"title":"A Study on Prediction of Seoul Prime Office Price Using Deep Learning","authors":"Hye-Seon Yang, Hae-jung Chun","doi":"10.31303/krear.2022.87.45","DOIUrl":"https://doi.org/10.31303/krear.2022.87.45","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to establish an office price prediction model in a situation where Seoul prime office is preferred as an investment product for real estate funds and REITs in the domestic real estate indirect investment market. \u0000(2) RESEARCH METHOD The methodology of this study analyzed the VAR model, SimpleRNN model, and LSTM model using macroeconomic indicators and market condition indicators to compare office price prediction power. \u0000(3) RESEARCH FINDINGS As a result of the analysis, the RMSE of the VAR model was lower than that of the LSTM model and the RNN model, so it was analyzed that the predictive power was high. \u0000These analysis results empirically show that the VAR model, a multivariate time series eep learning model, an artificial neural network algorithm. \u00002. RESULTS As a result, this study confirmed that the Seoul prime office market operates in a linear relationship rather than a non-linear one between variables. In other words, compared to other real estate markets, the Seoul prime office market can be seen as a market in which prices are formed while exhibiting a stable relationship with interrelationships between variables rather than rapidly changing environmental factors such as macroeconomic variables in terms of price prediction through time series methodology.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"100 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132175165","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.21
Hye-Lim Kim, Sungjoon Hong
1. CONTENTS (1) RESEARCH OBJECTIVES Recently, the spatial structure of commercial areas is rapidly changing. This phenomenon is of increasing interest as it relates to commercial gentrification. However, most of the previous studies that analyzed changes in commercial areas targeted a single time period or analyzed changes within a single commercial area. There are insufficient studies to detect spatial expansion of commercial districts and analyze their characteristics. Therefore, the purpose of this study is to analyze the spatial change of the commercial area around Hongdae, Seoul. (2) RESEARCH METHOD In this study, 38 commercial areas located around Hongdae were set as the spatial range and 2000-2019 was set as the temporal range. And opening and closing data of stores located within the spatial range were used as data for the study. As an analysis method, the center point, standard deviation distance, and standard deviation ellipse model that can confirm the spatial movement of commercial areas were used. (3) RESEARCH FINDINGS The research findings of this study are as follows. First, the movement patterns of the commercial areas around Hongdae differ depending on the store type. The expansion of the Hongdae area occurred mainly through cafes. Third, it is difficult to specify the direction of store opening and closing. 2. RESULTS The results of the study are summarized as follows. First, the change in the center point of store opening & closing that occurs in the commercial areas around Hongdae is divided into two patterns. This is a pattern that moves from Hongdae to Mangwon, Hapjeong, and Yeonnam-dong, and a pattern that shows no significant change near Hongdae. Second, the standard deviation distance of cafe opening increases, which means that the expansion of commercial areas near Hongdae is mainly through cafes. Third, it is difficult to confirm a clear change in the degree of deflection in the standard deviation elliptic model. Therefore, it is difficult to confirm the tendency of the opening and closing of stores in a specific direction.
{"title":"Spatial Change of Commercial Area around Hongdae in Seoul","authors":"Hye-Lim Kim, Sungjoon Hong","doi":"10.31303/krear.2022.87.21","DOIUrl":"https://doi.org/10.31303/krear.2022.87.21","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES Recently, the spatial structure of commercial areas is rapidly changing. This phenomenon is of increasing interest as it relates to commercial gentrification. However, most of the previous studies that analyzed changes in commercial areas targeted a single time period or analyzed changes within a single commercial area. There are insufficient studies to detect spatial expansion of commercial districts and analyze their characteristics. Therefore, the purpose of this study is to analyze the spatial change of the commercial area around Hongdae, Seoul. \u0000(2) RESEARCH METHOD In this study, 38 commercial areas located around Hongdae were set as the spatial range and 2000-2019 was set as the temporal range. And opening and closing data of stores located within the spatial range were used as data for the study. As an analysis method, the center point, standard deviation distance, and standard deviation ellipse model that can confirm the spatial movement of commercial areas were used. \u0000(3) RESEARCH FINDINGS The research findings of this study are as follows. First, the movement patterns of the commercial areas around Hongdae differ depending on the store type. The expansion of the Hongdae area occurred mainly through cafes. Third, it is difficult to specify the direction of store opening and closing. \u00002. RESULTS The results of the study are summarized as follows. First, the change in the center point of store opening & closing that occurs in the commercial areas around Hongdae is divided into two patterns. This is a pattern that moves from Hongdae to Mangwon, Hapjeong, and Yeonnam-dong, and a pattern that shows no significant change near Hongdae. Second, the standard deviation distance of cafe opening increases, which means that the expansion of commercial areas near Hongdae is mainly through cafes. Third, it is difficult to confirm a clear change in the degree of deflection in the standard deviation elliptic model. Therefore, it is difficult to confirm the tendency of the opening and closing of stores in a specific direction.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125437175","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.148
Eunyoung Seo, T. Kang, Chae-Yeon Seo
1. CONTENTS (1) RESEARCH OBJECTIVES This study aims to seek better ways to promote knowledge industry centers built in the 3rd new cities and improvements of their self-sufficient functions. (2) RESEARCH METHOD This study used Multiple regression method to analyze the influence factors of tenant satisfaction, a continuous will to stay and recommendation intension. (3) RESEARCH FINDINGS The results can be summarized as follows. First, accessibility, environment, management management, followed by environment, accessibility and parking. Second, accessibility and telecommunication service affected a will to stay in knowledge industry centers. Third, accessibility and parking affected recommendation intension. 2. RESULTS The results imply that the use of concentrated urban facilities and convenient commuting led to mobilizing workforce as accessibility served as an affecting factor. And Telecommunication service seems to have expanded as more different industries not limited to manufacturing companies enter the centers due to the expansion of knowledge and information industry. Also, As accessibility influenced both satisfaction and a will to stay in the centers, it seems the most important variable in creating passive and active demand.
{"title":"A Study on the Influnce Factors of Tenant Satisfaction, Continuous Stay and Recommendation Intension of the Knowledge Industry Center: Focused on the Knowledge Industry Center in Goyang City","authors":"Eunyoung Seo, T. Kang, Chae-Yeon Seo","doi":"10.31303/krear.2022.87.148","DOIUrl":"https://doi.org/10.31303/krear.2022.87.148","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES This study aims to seek better ways to promote knowledge industry centers built in the 3rd new cities and improvements of their self-sufficient functions. \u0000(2) RESEARCH METHOD This study used Multiple regression method to analyze the influence factors of tenant satisfaction, a continuous will to stay and recommendation intension. \u0000(3) RESEARCH FINDINGS The results can be summarized as follows. First, accessibility, environment, management management, followed by environment, accessibility and parking. Second, accessibility and telecommunication service affected a will to stay in knowledge industry centers. \u0000Third, accessibility and parking affected recommendation intension. \u00002. RESULTS The results imply that the use of concentrated urban facilities and convenient commuting led to mobilizing workforce as accessibility served as an affecting factor. And Telecommunication service seems to have expanded as more different industries not limited to manufacturing companies enter the centers due to the expansion of knowledge and information industry. Also, As accessibility influenced both satisfaction and a will to stay in the centers, it seems the most important variable in creating passive and active demand.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116706429","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.163
Eum Jang Cho, Jungsik Jang
(1) RESEARCH OBJECTIVES The purpose of this study is to study how the real estate development project of Pyeongtaek City affects housing prices by subdividing the northern, southern, and western regions by region. (2) RESEARCH METHOD This study employed the Hedonic Price Model to achieve the major objectives of this study. (3) RESEARCH FINDINGS The implications of this study are as follows. First, through this study, it was found that although the start of development projects raised the housing price, it did not falls within the spatial scope of this study, was judged to be meaningful to examine the differences by region as a place where the differences by region are clearly visible. 2. RESULTS The results of this study are as follows. The influence of other characteristics did not differ significantly by region, but in terms of development characteristics, it was found that the SRT Jije Station start and Samsung Electronics start construction increase the apartment transaction price in the southern and western regions except for the northern region.
{"title":"A Study on the Effect of Development Projects in Pyeongtaek City on Housing Price by Region","authors":"Eum Jang Cho, Jungsik Jang","doi":"10.31303/krear.2022.87.163","DOIUrl":"https://doi.org/10.31303/krear.2022.87.163","url":null,"abstract":"(1) RESEARCH OBJECTIVES The purpose of this study is to study how the real estate development project of Pyeongtaek City affects housing prices by subdividing the northern, southern, and western regions by region. \u0000(2) RESEARCH METHOD This study employed the Hedonic Price Model to achieve the major objectives of this study. \u0000(3) RESEARCH FINDINGS The implications of this study are as follows. First, through this study, it was found that although the start of development projects raised the housing price, it did not falls within the spatial scope of this study, was judged to be meaningful to examine the differences by region as a place where the differences by region are clearly visible. \u00002. RESULTS The results of this study are as follows. The influence of other characteristics did not differ significantly by region, but in terms of development characteristics, it was found that the SRT Jije Station start and Samsung Electronics start construction increase the apartment transaction price in the southern and western regions except for the northern region.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114698622","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.60
Jungyeon Yoon
1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to analyze the problems of how land price disclosure systems are evaluated or calculated, and how they affect our society, and to suggest ways to improve them. (2) RESEARCH METHOD In order to achieve the purpose of this study, the government's presentation data, prior research, daily newspapers, etc., as well as statutes related to the published price, etc. currently in force, were reviewed. (3) RESEARCH FINDINGS The declared real estate price provides important price information necessary for real estate activities to the market and is used for about 60 purposes closely related to the people's property rights. 2. RESULTS If possible, amendments to laws should be made to increase the proportion of evaluations so that they can be more accurately evaluated through experts in "Appraisal Corporations, etc." In addition, the quoted price must be assessed and calculated through an 'on-site survey' and a verification system must be complete. The standard housing selection and management guidelines shall also stipulate that the public housing verification institution is unified into a "evaluation corporation, etc.“
{"title":"Problems of the declared real estate price and the effect of improvement measures.","authors":"Jungyeon Yoon","doi":"10.31303/krear.2022.87.60","DOIUrl":"https://doi.org/10.31303/krear.2022.87.60","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to analyze the problems of how land price disclosure systems are evaluated or calculated, and how they affect our society, and to suggest ways to improve them. \u0000(2) RESEARCH METHOD In order to achieve the purpose of this study, the government's presentation data, prior research, daily newspapers, etc., as well as statutes related to the published price, etc. \u0000currently in force, were reviewed. \u0000(3) RESEARCH FINDINGS The declared real estate price provides important price information necessary for real estate activities to the market and is used for about 60 purposes closely related to the people's property rights. \u00002. RESULTS If possible, amendments to laws should be made to increase the proportion of evaluations so that they can be more accurately evaluated through experts in \"Appraisal Corporations, etc.\" In addition, the quoted price must be assessed and calculated through an 'on-site survey' and a verification system must be complete. The standard housing selection and management guidelines shall also stipulate that the public housing verification institution is unified into a \"evaluation corporation, etc.“","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129402696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.117
Yun-Hui Hwang, Jae-ho Chung
1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is residential actual condition survey conducted from 2006 to 2020 is the subject of the study and using the most recent 2020 data are used to empirically analyze the influence of residential environment characteristics on residential satisfaction and residential ownership awareness and residential movement. (2) RESEARCH METHOD The method of this study conducted descriptive statistical analysis and factor analysis on the characteristic variables of the residential environment using SPSS 21 to understand the characteristics of the residential environment, residential satisfaction, residential ownership awareness, and residential movement. The study was conducted using a structural equation model using AMOS. (3) RESEARCH FINDINGS In this study, the characteristics of the residential environment were classified into factors such as accessibility, surrounding environment, and convenience of use, and each factor influenced residential satisfaction, residential ownership awareness, and residential movement. As a result of the structural equation model analysis, it was found that the surrounding environment had the greatest influence on residential satisfaction. Accessibility and surrounding environment directly affect residential movement, but convenience does not directly affect residential movement because the overall situation does not move as much as before due to COVID-19, and because non-face-to-face consumption culture spreads at home and solves most of daily life. 2. RESULTS Among the characteristics of the residential environment, the surrounding environment had the greatest influence on housing satisfaction. Therefore, improvement of the residential environment is required.
{"title":"Influence on Residential Environment Characteristics on Residential Satisfaction and Home Ownership Awareness and Residential Movement","authors":"Yun-Hui Hwang, Jae-ho Chung","doi":"10.31303/krear.2022.87.117","DOIUrl":"https://doi.org/10.31303/krear.2022.87.117","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is residential actual condition survey conducted from 2006 to 2020 is the subject of the study and using the most recent 2020 data are used to empirically analyze the influence of residential environment characteristics on residential satisfaction and residential ownership awareness and residential movement. \u0000(2) RESEARCH METHOD The method of this study conducted descriptive statistical analysis and factor analysis on the characteristic variables of the residential environment using SPSS 21 to understand the characteristics of the residential environment, residential satisfaction, residential ownership awareness, and residential movement. The study was conducted using a structural equation model using AMOS. \u0000(3) RESEARCH FINDINGS In this study, the characteristics of the residential environment were classified into factors such as accessibility, surrounding environment, and convenience of use, and each factor influenced residential satisfaction, residential ownership awareness, and residential movement. As a result of the structural equation model analysis, it was found that the surrounding environment had the greatest influence on residential satisfaction. \u0000Accessibility and surrounding environment directly affect residential movement, but convenience does not directly affect residential movement because the overall situation does not move as much as before due to COVID-19, and because non-face-to-face consumption culture spreads at home and solves most of daily life. \u00002. RESULTS Among the characteristics of the residential environment, the surrounding environment had the greatest influence on housing satisfaction. Therefore, improvement of the residential environment is required.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114140413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.137
S. Kim
(1) RESEARCH OBJECTIVES The purpose of this paper is to argue that supply in the housing market should be viewed as a concept that combines the production of new housing and the sale of existing housing (existing housing supply)and to expand the concept of supply in the housing market considering interest rates and financial markets in terms of housing investment goods. (2) RESEARCH METHOD This study adopted the existing theoretical literature review and I added my thoughts to it. (3) RESEARCH FINDINGS I argued that the logic that supply is used similarly to production in general economics should be used in a clear distinction between production and supply in the housing market because of the properties of housing, such as permanence, buoyancy, and immobility. 2. RESULTS Considering that housing has characteristics such as durability, permanence, buoyancy, and immobility, unlike general goods, it is hoped that this new discussion on supply will help to understand the housing market and establish correct real estate policies.
{"title":"A Study on the Meaning of Supply and Production in the Housing Market","authors":"S. Kim","doi":"10.31303/krear.2022.87.137","DOIUrl":"https://doi.org/10.31303/krear.2022.87.137","url":null,"abstract":"(1) RESEARCH OBJECTIVES The purpose of this paper is to argue that supply in the housing market should be viewed as a concept that combines the production of new housing and the sale of existing housing (existing housing supply)and to expand the concept of supply in the housing market considering interest rates and financial markets in terms of housing investment goods. \u0000(2) RESEARCH METHOD This study adopted the existing theoretical literature review and I added my thoughts to it. \u0000(3) RESEARCH FINDINGS I argued that the logic that supply is used similarly to production in general economics should be used in a clear distinction between production and supply in the housing market because of the properties of housing, such as permanence, buoyancy, and immobility. \u00002. RESULTS Considering that housing has characteristics such as durability, permanence, buoyancy, and immobility, unlike general goods, it is hoped that this new discussion on supply will help to understand the housing market and establish correct real estate policies.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133681168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-08-31DOI: 10.31303/krear.2022.87.96
Zonghie Han
1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to investigate de Soto(2000)’s model of representative property system in the Colonial Korea empirically. (2) RESEARCH METHOD This study was carried out by the method of time series analysis, including unit root test, Johansen cointegration test and Granger causality as well as the structural change test. (3) RESEARCH FINDINGS In the results of this survey, Johansen cointegration test shows that property registration, collateral, bank loan and GDP are cointegrated with each other. Granger causality is exhibited from property registry to GDP, company number and manufacture output, not vice versa.. 2. RESULTS This study shows that the number of the Property Registration was drastically increased after the Land Survey Project was completed in 1918, alongside the collateral and bank loan.
{"title":"Property Registration and Representative Property Systemin Colonial Korea: An Empirical Study of the Economic Growth","authors":"Zonghie Han","doi":"10.31303/krear.2022.87.96","DOIUrl":"https://doi.org/10.31303/krear.2022.87.96","url":null,"abstract":"1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to investigate de Soto(2000)’s model of representative property system in the Colonial Korea empirically. \u0000(2) RESEARCH METHOD This study was carried out by the method of time series analysis, including unit root test, Johansen cointegration test and Granger causality as well as the structural change test. \u0000(3) RESEARCH FINDINGS In the results of this survey, Johansen cointegration test shows that property registration, collateral, bank loan and GDP are cointegrated with each other. Granger causality is exhibited from property registry to GDP, company number and manufacture output, not vice versa.. \u00002. RESULTS This study shows that the number of the Property Registration was drastically increased after the Land Survey Project was completed in 1918, alongside the collateral and bank loan.","PeriodicalId":153350,"journal":{"name":"Korea Real Estate Academy","volume":"290 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117306330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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