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http://dx.doi.org/10.22640/lxsiri.2019.49.1.29

A Comparative Study on the Association-led and Trust Company-led Methods in Reconstruction Business and Reconstruction Charges  

Lee, Han-Chang (Department of Real Estate, Seoul Venture University)
Yoo, Seon-Jong (Department of Real Estate, Konkuk University)
Publication Information
Journal of Cadastre & Land InformatiX / v.49, no.1, 2019 , pp. 29-43 More about this Journal
Abstract
In this study, to solve the problem of the Association-led Housing Reconstruction Business (AHRB), as an alternative to the AHRB, the reliability of the Trust company-led Housing Reconstruction Business (THRB) is verified. To this end, the AHRB and the THRB comparison analyses were performed for the project period, income and expenditure, and the calculation of the Reconstruction Charges (RC). The results of the study are as follows: First, the THRB's business period is shorter than the AHRB's. Second, the THRB's business value is likely to be superior to the AHRB's. Third, due to differences in the calculation period of excess profit for housing reconstruction and the cost items related to implementer, the THRB's RC will be less than the AHRB's RC. Thus, the stability of the THRB has been partially verified as an alternative to the AHRB. The THRB is expected to expand further in the future.
Keywords
Reconstruction Business; Association-led Housing Reconstruction Business (AHRB); Trust Company-led Housing Reconstruction Business (THRB); Reconstruction Charges (RC);
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