HOUSING PRICE MODEL USING GIS IN SEOUL (APPLICATIONS OF STRUCTURAL EQUATION MODELING)

  • Kyong-Hoon Kim (Dept. of Sustainable Architectural Engineering, Hanyang Univ.) ;
  • Jae-Jun Kim (Dept. of Sustainable Architectural Engineering, Hanyang Univ.) ;
  • Bong-Sik Kim (Dept. of Sustainable Architectural Engineering, Hanyang Univ.)
  • 발행 : 2007.03.01

초록

Our nation has a problem with discrimination of income distribution and inefficient of resources distribution caused by real estate price rising from a sudden economy growth and industrialization. Specially, in recent years, there is a great disparity of condominium price between the north and south of the Han river. Because the housing price is deciede by the immanent value of a house and neighborhood effects of the regional where the house is situated, the housing price is occurred difference. In this study, I analyzed the differences of housing price determinants about condominium developments in the old and new residential areas, and found the important factors that affect the condominium price using Structural Equation Modeling(SEM) The purpose of study is to analyze the influence of various factors of housing price. Also, this study tried to predict real estate market and to establish previous effective real estate policy.

키워드

과제정보

This work was supported by the SRC/ERC program of MOST/KOSEF (R11-2005-056-03001)