• Journal of the Economic Geographical Society of Korea
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• v.21 no.4
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• pp.370-392
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• 2018

This study aims to reveal that the changes in the population and housing consumption of foreigners, which are constantly undergoing structural changes, affect both the housing market of home and host country. The cause and the change of foreigners' housing market in Seoul were analyzed to be that the foreigners' continuous inflows occurred due to the 'fixed effect of rent' on the rental market, which is different from the domestic housing market. Korean-Chinese, who tend to be circular migration, make the current concentration of the housing market. Meanwhile, Korean-Chinese, who have experienced migration from Korea, emerged as major housing consumers, causing a real estate boom in Yanji City. Housing investment by Korean-Chinese is concentrated in the 'West' from Yanbian University, closely related to the city's urban planning that affects housing supply. This transnational housing consumption of immigrants connects the housing market of home and host country, in turn, causes the filtering process in the two countries simultaneously, which results the 'transnational housing filtering process'.

• The Journal of the Korea Contents Association
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• v.16 no.7
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• pp.168-178
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• 2016

The purpose of the study is to present an analysis of the expatriate leasing market for highly-paid professionals residing in Seoul. The effects of physical and locational attributes, range of amenities along with expat's national and industrial attributes on housing rents are being empirically evaluated based on transactions. Using lease transaction data for the period of 1994 through 2013, the results show that physical and locational attributes which have been proved to affect conventional housing value are also confirmed to affect leasing housing rent for expatriate. Also this study finds the following results. First, housing rent is found to be influenced by foreign residents' occupation. Therefore banking, petrochemical, insurer and pharmaceutical company affect positively on housing rent while mechanic firms influenced negatively to rent. Second, housing rent is found to be affected by foreign residents' nationalities. The results indicate USA and the United Kingdom have a positive effect while French has a negative effect on rent.

• International Area Studies Review
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• v.15 no.3
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• pp.263-283
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• 2011

As China has achieved continuous high growth, innovative housing system and rapid growth of housing finance for thirty years since its reforming and opening, Chinese real estate industry has developed rapidly, investment in real estate has increased remarkably and price of real estate has increased continuously. In particular, as China joined WTO in 2001, overseas companies have expanded investment in Chinese real estate market with chances of potential profit. Recently, management of foreign capital real estate companies has expanded from housing to office buildings and luxury shops. Besides, management has expanded from real estate development to various tasks such as management, brokerage service, lease management and financial investment. In order to measure relationship between FDI in Chinese real estate and Chinese housing price, this document utilizes not only various data such as housing price, FDI to real estate, domestic loan of real estate, interest rate and exchange rate in 35 major cities across China but also previous researches to set an empirical analysis model and analyze effects of foreigners' direct investment in Chinese real estate on Chinese housing price.