• Title/Summary/Keyword: Housing Cost

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Determinants of Housing-Cost Burden among Subsidized Households - A Comparative Study between Public Housing Residents and Housing Choice Voucher Recipients - (주거복지정책 유형별 주거비 부담수준 결정요인 분석 - 공공임대주택 거주가구와 주거급여 수급가구의 비교연구 -)

  • Park, Seoyeon;Jun, Hee-Jung
    • Journal of Korea Planning Association
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    • v.54 no.3
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    • pp.27-48
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    • 2019
  • The government has implemented housing welfare policy to ease low-income households' housing-cost burden and improve their quality of life. However, public housing residents and housing choice voucher recipients still show a high level of housing-cost burden. In this regard, this study aims to provide policy implications for current housing welfare policy by analyzing and comparing the factors that determine both subsidized and unsubsidized households' housing-cost burden. For the empirical analysis, this study uses "2017 Korea Housing Survey" and divides groups into public housing residents, housing choice voucher recipients, and unsubsidized low-income renters. We compared the level of housing-cost burden by employing t-test and chi-squared analyses and the factors affecting the housing-cost burden by employing logistic regression analyses between the three groups. According to the empirical analysis, the housing cost is the most burdensome for the housing choice voucher recipients group, followed by the unsubsidized low-income renters and public housing residents. In addition, the factors affecting housing-cost burden are different between the three groups. In case of public housing residents, housing characteristics usually affect the housing-cost burden. For housing choice voucher recipients and unsubsidized low-income renters, both housing and household characteristics influence the housing-cost burden. Looking at the detailed factors, except for the housing tenure and regional average rents that are common factors for all groups, the amount of deposit is an important factor for public housing residents, and household employment status is an important factor for both housing choice voucher recipients and unsubsidized low-income renters. The policy implications of this study are as follows: First, it is necessary to review the blind spot of the current housing welfare policy. Second, a comprehensive review of the housing choice voucher program is required. Third, it is necessary to make policy efforts to ease the level of housing-cost burden for renters. Fourth, a program is needed for those public housing residents who need a deposit support. Fifth, there should be further assistance with public housing for the poorest people.

Influences on Housing Cost Burden of the U.S. Households by Current and Previous Housing Tenure Types

  • Lee, Hyun-Jeong
    • International Journal of Human Ecology
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    • v.13 no.1
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    • pp.129-145
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    • 2012
  • The purpose of this study was to investigate housing cost burden of U.S. households according to current and previous tenure types and explore influences on their housing affordability. The public-use microdata of the 2009 American Housing Survey was analyzed in the following two stages: In the first stage, households were classified into eight groups by combining their current and previous tenure types, year moved into current housing units and mortgage status of current owners and their characteristics were compared. In the second stage, the factors that influenced the housing cost burden by each combined tenure group were explored using multiple regression analyses. The findings are as follows: (1) The mortgage status was more influential than the previous housing experiences of owner households to distinguish one owner household from another. (2) Renter households who had been owners of previous housing units showed significantly different characteristics compared to continuing and new renter households in terms of income, educational attainment, and householder's marital status as well as housing costs and housing cost burdens. (3) To see the multiple regression analysis results, households with different current and previous tenure types were found to have different factors that influenced the housing cost burdens. In addition, household characteristics were found to have significant influences on housing cost burdens as strong as cost-related variables such as annual mortgage payments and rent per square footage.

A study on the total housing cost of households living in rental house (임차가구의 주거비용에 관한 연구)

  • 곽인숙;김순미
    • Journal of the Korean Home Economics Association
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    • v.37 no.2
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    • pp.127-144
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    • 1999
  • The purposes of this study were to identify the housing maintenance cost, imputed rent fee and total housing cost of households living in rental house, to analyze the factors related to their housing maintenance cost, imputed rent fee and total housing cost and to investigate the factors contributing to total housing cost to total household income ratio. The data used for these purposes, was 97 KHPS of Daewoo Economic Research Institute. Sample size of households living in rental house, was 663. Statistics performed for the analysis were frequencies, percentiles, t-test, Lorenz cutie and Gini coefficient, Tobit analysis, OLS and Logistic analysis. The results of this study were as fellows: First, monthly cost of monthly rent & maintenance and repairs of households living in rental house with a deposit was lower than rental house, while the imputed rent fee of households living rental house with a deposit was higher than monthly rent households'And, total housing cost of households living in rental house with a deposit was higher than monthly rent households'. Second, Gini coefficient of the housing maintenance cost was 0.440, Gini coefficient of imputed rent fee was 0.362, and Gini coefficient of total housing cost was 0.291. Third, the variables related to their housing maintenance cost were family type, total household expenditure of socio-demographic characteristics and residence, type of rent, housing type of housing environmental factor. Also, the variables contributing to imputed rent fee were job type and educational attainment of household hearts, the number of family members, total household expenditure, residence, type of rent, housing type and tole number of rooms. In addition, the variables associated with total housing cost were job type and educational attainment of household head, total household income and residence, type of rent, housing type and the number of room. Finally, age, job type, educational attainment of household head, wife's employment status, the number of family members, family type, total household expenditure, residence, rent type of rent, housing type, the size of living space, and the number of room were significant variables contributing to total household cost to total household income ratio.

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SUGGESTING IMPROVEMENT METHODS OF FORM WORK FOR COST REDUCTION IN THE MID-RISE APARTMENT HOUSING

  • Jeongseok Lee;Seunghee Kang;Gunhee Cho;Jeongrak Sohn;Jongdae Bang
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1608-1614
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    • 2009
  • In recent days, the study of urban regeneration has been conducting with purposeful and sincere intent starting out with the residential environment improvement works. Within the range of urban regeneration, the low-cost housing technology means development of totally-integrated housing technology that may be applied to the regeneration project, especially for the rundown areas where infrastructure facilities in the urban zone have been degraded and obsoleted. In line with this, among many and varied methods in order for realization of the low-cost housing as a part of urban regeneration project, this study should like to propose an improvement methods of the key technologies in relation to the construction works by type of work with which construction costs (directing cost) would be reduced. And, in order to elicit the method for element technology that has been developed and improved in the most optimal manner centering on the selected construction work by the type of work, the researcher conducted comparative review of summary of element technologies related to the construction works concerned, characteristics, and construction method thereof. In particular, the researcher investigated the expenses (construction cost and labor cost), constructions (contractibility and productivity), safety, quality of works, and the technical status in environmental aspects, and the researcher also conducted analyses and evaluations thereof.

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Workforce Entry Preparers' Post-College Housing Expectations and Perception of Housing Cost Burden (예비 사회진출자의 졸업 후 주거에 대한 기대 및 주거비 부담에 대한 인식)

  • Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.24 no.4
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    • pp.29-37
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    • 2013
  • The purpose of this study was to explore college students' expectations on post-college housing and sources of finance to afford housing costs; and perception of housing cost burden. Between May 28, 2012, and June 17, 2012, a questionnaire survey was conducted to undergraduate students in university-A located in non-capital region and 465 useable responses were collected. Major findings are as follows: (1) About 60% of respondents expected to live apart from their parents or relatives within two years from college graduation; (2) Majority of respondents who expected to live apart from their parents or relatives expected to rent housing units and compact non-traditional housing types such as studio units; (3) Major source of finance the respondents expected to afford post-college housing costs was financial supports from their parents and families; (4) Housing cost burden were perceived to have influence even on job decision and respondents with lower parents' income perceived housing cost burden more influential; and (5) In spite of respondents' low financial independence to afford post-college housing costs, finding housing units in areas with relatively lower housing costs seemed not to be an important consideration when choosing post-college housing.

TECHNICAL PROPOSAL BASED COST REDUCTION BIDDING SYSTEM FOR SUPPLYING AFFODABLE HOUSING

  • Seunghee Kang;Jeongseok Lee;Gunhee Cho;Jeongrak Sohn;Jongdae Bang
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1433-1439
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    • 2009
  • Best value is the ultimate goal of the owner and can thus have diverse meanings according to the project characteristic, owner's purpose, user groups' payment capability, etc.. Recently, resettlement problems of the marginalized members in the urban regeneration area have been issued in Korea because they have no capability to purchase (or lease) redeveloped housing (or apartment). It means that a minimized production cost for reducing supply price of housing is a key factor in establishing the best value of the marginalized members. The lowest-price bidding system serves the purpose of ensuring a minimized production cost, but due to the low-cost investments, it creates various problems, such as sloppy construction, lowered quality, an increased LCC, and worsening profitability for builders. Thus, to help them resettle, it is necessary to supply affordable housing geared towards a certain appropriate quality and minimum construction costs. Towards this end, this study aimed to propose a cost reduction bidding system based on a technical proposal. The proposed technical-proposal-based cost reduction bidding system consists of the following components: work-unit-based, project-unit-based, and construction-period-reducing technical proposals. These components are evaluated to select the best bidder for a given project. The technical proposal based cost reduction bidding system proposed herein is expected to provide facilities with appropriate supply prices and appropriate quality levels, to bolster the technological competitiveness of builders.

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Home Energy Cost and Housing Cost Burden of Urban Monthly Renter Households in Korea and the United States (한국과 미국 도시 월세가구의 가정 에너지 비용과 주거비 부담)

  • Lee, Hyun-Jeong
    • Korean Journal of Human Ecology
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    • v.21 no.3
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    • pp.611-628
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    • 2012
  • The purpose of this study was to examine influence of home energy cost on housing cost burden of Korean and U.S. monthly renter households in urban areas and to explore influences of household and housing characteristics on their home energy cost burden. Microdata for this research was extracted from the 2011 Korean Household Budget Survey and 2009 American Housing Survey. Monthly renter households in urban areas were initially grouped based on household income, followed by a detailed analysis of housing and home energy cost. Findings are as follows: (1) The maximum ratio of home energy cost to household house hold income in Korea was 49% compared to 83% in the US; (2) Energy cost to income ratio were found to have significant influences on housing cost burden and lower income households' housing cost burden was found more vulnerable to their energy cost; (3) In general, the energy cost burden of low-income renter households in Korea tended to be influenced by household size, the number of household members staying at home during daytime hours and housing unit size. The energy cost burden of low-income renter households in the U.S. tended to be influenced by home structure type, size and age, the householder's age, race, educational attainment, the household size, number of wage earners per household, income, and the number of household members between 7 and 17 years of age.

Determinants of Housing Cost Burden among Public Housing Residents in Seoul: A Comparative Study between Purchased Rental Housing and Permanent Rental Housing (서울시 공공임대주택 거주자의 주거비 부담수준과 결정요인 - 영구임대주택과 다가구 매입임대주택 비교연구 -)

  • Kang, Seung Yeoup;Jun, Hee-Jung
    • Journal of the Korean Regional Science Association
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    • v.36 no.4
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    • pp.25-42
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    • 2020
  • This study aims to examine the difference in the level of housing cost burden and the factors affecting housing cost burden between permanent rental housing and purchased rental housing residents in Seoul. We used the 2017 SH Public Housing Resident Survey and employed t-test and multiple regression analyses. The empirical analysis shows that the level of housing cost burden is greater for permanent rental housing residents than purchased rental housing residents. Also, income level, age, and whether receiving housing benefits are the factors affecting housing cost burden among permanent rental housing residents while income level and housing size are the factors affecting housing cost burden among purchased rental housing residents. The findings suggest that there should be a more systematic review regarding housing affordability among those living in different types of public housing toward housing welfare. In addition, there should be differential approach to enhance housing affordability between permanent and purchased rental housing residents.

Housing Cost Burden of Single- or Two-person Households in Their 20s and 30s in the United States (미국 20-30대 1-2인가구의 주거비 부담 실태)

  • Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.23 no.2
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    • pp.69-77
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    • 2012
  • The purpose of this study was to explore housing cost burden of young single- or two-person households in the United States who have recently moved for job-related reasons. Total 580 households were selected from 2009 American Housing Survey public-use microdata for data analysis. The findings are as follows: (1) Targeted single-person households were characterized as younger households with higher educational attainment, lower household income, and greater proportion of renters, multifamily housing residents and households with housing cost burden than other households; (2) two-person households showed a higher income level and lower housing cost burden; (3) characteristics that showed significant influences on housing cost burden were household size, householder's age, gender, race and educational attainment, household income level and tenure type; and (4) a linear combination of household size, household income, whether or not a low-income household, residency in metropolitan area, and home structural type were found to be most efficient to predict a single- or two-person household's housing cost burden regardless of the household size.

Effects of housing renovation cost for the disabled on their housing satisfaction (장애인 주택개조 비용이 거주후 만족도에 미치는 영향)

  • Lee, So-Young;Kim, Mi-Jung
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2011.04a
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    • pp.172-175
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    • 2011
  • Financial supports for housing for the disabled is limited since a certain amount of budget needs to be distributed for a number of disabled families. Therefore, it is important to fund renovation for the disabled effectively and properly. Financial and administrative supports for the renovation which intended to improve housing conditions in terms of accessibility (barrier free) and comfort needs to be implemented with larger outcome and smaller budget. The purpose of this study was to investigate various factor such as renovation cost and renovation elements, influence satisfaction of residents with disabilities. Participants of this study are limited to the recipients of financial supports for housing renovation and refurbishment from City of Seoul and Ministry of Heal and Welfare. A total of 155 cases were analyzed using post occupancy survey and analysis of project cost data. Overall, more cost were used for modification for housing condition improvement than the cost for removal of architectural barriers. Renovation cost differences were not apparent among the type and extent of an individual's disabilities. Instead existing housing type and physical condition for the housing affects cost for renovation more significantly. Overall the renovation cost is positively related to resident's satisfaction using regression analysis.

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