• Title/Summary/Keyword: Housing Cost Burden

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Effects of Financing the Cost of Metropolitan Transportation Facility using TIF (조세담보금융을 활용한 신도시 광역교통시설설치비용 조달효과)

  • Song, Young-Il;Choi, Dae-Sik
    • Land and Housing Review
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    • v.6 no.4
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    • pp.185-193
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    • 2015
  • Since the introduction of New Towns in Seoul MSA, land price has steadilly been risen due to the financial burden of constructing metropolitan transportation facilities. Despite metropolitan transportation facilities are utilized by New Towns as well as its surrounding area, the current situation is that most of the burdens, which is supposed to be shared with local governments, fall to developers. This study, with the case of Dongtan New Town, is to deduce rational structure of cost-sharing by the analysis of travel demands of metropolitan transportation facilities. Also, for the financing of the cost, the application methods of TIF(Tax Incremental Financing) have been suggested. The results showed that the proportion of travel which origins from New Town was 35.1%, which results in 800 billion won for the share of local government. For financing this amount of the cost, at least 20 years of financial period and the rate of 2% increase of real estate are needed in operating the TIF.

A Proposal of Cohousing for Dual Income Families in Korea - on the Basis of Interview and Mimic Test - (맞벌이 가족을 위한 코하우징 제안 - 설문지를 이용한 면접조사와 모의실험을 기초로 -)

  • Hahn Joo-Hee;Choi Jung-Shin
    • Journal of the Korean Home Economics Association
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    • v.43 no.11 s.213
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    • pp.73-95
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    • 2005
  • The purpose of this research was to reduce the burden of household management and the difficulty of rearing children, which are two most important obstacles for a dual-income family. For this, we suggested a cohousing project, as an alternative concept to conventional housing, where people can socially interact with each other and share mutual cooperation for a better quality of life. We surveyed the lifestyle of dual-income families in Korea, how they understood the cohousing project and their opinions on it. We carried out a survey with the wives from dual income families who were living in the metropolitan areas including Seoul. We contacted 30 wives for the survey to determine the reality of the double income couple family and interviewed them to make a detailed plan for cohousing based on their understanding and needs. In the results, many women who responded to the interview agreed that cohousing was an ideal housing arrangement for the dual-income family. However, they were anxious that it would take too much time and effort to develop their own housing estate by themselves. Therefore, we looked for a way to save time, efforts and cost in developing a cohousing project and came up with the remodeling as a solution.

Commonalities and Distinctions of Housing Outcomes of Unmarried Young Single Women in Rental Housing Amidst Demographic Cliff (인구절벽 시대의 지역별 미혼 청년 여성 1인 월세 가구의 거주 유사성 및 상이성)

  • Hyunjeong Lee
    • Land and Housing Review
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    • v.15 no.3
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    • pp.1-23
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    • 2024
  • In the face of an impending demographic cliff, this research delves into geographical disparities in socioeconomic statuses and living arrangements of young single women in rental housing and also to explore influential factors of their residential assessment and housing expenditure. From the Korean Housing Survey of 2020, the cross-sectional study identified 847 unmarried female single-person householders aged between 20 and 39 in four districts - Seoul and Gyeonggi-Incheon Area (GIA) of Seoul Metropolitan Area (SMA), and metropolises and non-metropolises of non-SMA. The empirical analyses revealed that regardless of regions, most of the respondents were college-educated, salaried employees in late 20s living in a studio flat, seldom bore debt and barely relied on social services. Renters in SMA, employment rate, income and living expenses were higher than those in non-SMA and they resided in small, old but adequate housing with a separate bedroom. In particular, Seoulites suffered from housing cost overburden but most singles in GIA benefited from the lowest housing burden. While the main determinant of residential assessment was livability, housing satisfaction was additionally affected by old housing and the satisfaction with residential environment was also explained by urban amenities. Despite geographical variations, housing expenditure was primarily driven by income and employment.

Analysis of Relationship between Housing Tenure and Birth in Newlywed Couples by Using Panel Data (패널자료를 이용한 신혼가구의 주택점유형태와 출산 관계 연구)

  • Shin, Hyungsub
    • Land and Housing Review
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    • v.13 no.3
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    • pp.39-55
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    • 2022
  • In this study, we investigate the interrelationship between housing tenure and childbirth by exploiting the correlation probability effect method that accounts for household heterogeneity. Using the newlywed household panel from 2011 to 2022, we find that home ownership has a positive impact on childbirth in newlyweds. Specifically, newlywed households with housing tenure show a 6.2%p higher birth rate and a 5.7%p higher second childbirth than newlywed households living in rented houses. For the case of first childbirth, we employ the probability effect probit model since the endogeneity was not detected between housing tenure and birth rate. We document the differential effects of housing tenure on childbirth in that the first childbirth rate is higher for households without housing tenures. The negative effects on first childbirth could be attributed to the economic burden due to initial housing ownership, while housing tenure could eventually provide housing stability, leading to positive effects on more than one childbirth. Finally, we identify that households with childbirth over the last year show a 4.2%p and 3.9%p lower probabilities of housing tenure in the total sample and second childbirth sample, respectively. This suggests that the increased living cost due to childbirth could delay home ownership.

Theoretical Reflections on the Calculation of Development Impact Fees (도시개발부담금 산정에 관한 이론적 고찰)

  • Yeon-Taek Ryu
    • Journal of the Economic Geographical Society of Korea
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    • v.26 no.1
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    • pp.55-71
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    • 2023
  • This paper theoretically explores the calculation of development impact fees focusing on urban growth, new urban development, developer, urban planner, housing, real estate market, community planning, community financing, local government, land use planning, public facilities, and development cost. Many questions related to who bears the burden of paying impact fees beg for answers based on empirical analysis. Those questions involve the extent to which landowners bear the burden, the effect of different levels of impact fees on the socioeconomic mix of communities, the distribution of fiscal benefits within a region where urban communities assess different levels of impact fees, and the preparedness of urban communities to accommodate development displaced by impact fees. Broader questions also relate to how urban and regional form is affected by differential application of impact fees throughout an area and whether money gained from the impact fees makes regional growth more or less efficient. Who ultimately pays development impact fees? There has been little empirical evaluation of how the market responds to development impact fees, but there is considerable information to suggest that, on the whole, the occupants - residents and users - pay the majority of the development impact fees.

A Study on the Accuracy Improvement of Orthophoto using Low-Cost UAV (저가형 무인비행체를 활용한 정사영상 정확도 향상에 관한 연구)

  • Yun, Bu-Yeol
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.2_2
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    • pp.209-218
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    • 2020
  • Various studies and business investments have been performed on UAV in the field of spatial information industry, and it is judged that this industry has being evolved into an expansion stage as a legalization progresses. In addition, public institutions such as Korea Land and Geospatial Information Corporation, Korea Expressway Corporation, and Korea Land and Housing Corporation which have relatively much utilized spatial information work have entered into the stage of settling with active introduction for reasons of work efficiency and business management. However, surveying drones are still classified as expensive equipment, which is a burden on general business application and technology popularization. Moreover, the stabilization of reliability of various location information acquired from UAV is a part of ongoing research and supplementation. Therefore, in this study, to use image information acquired from low-cost UAV as reliable spatial information data, the flight altitude was changed and compared with the result of double transverse flight with conventional photographing technique. As a result, there was no change in the result value at low altitude, but the result showed more than 30% accuracy and accuracy improvement for the X, Y value at the altitude of 130m or higher than the conventional method.

Home management performance and problem of commuter marriage (Commuter Marriage 가정경영 실태와 문제)

  • 채옥희
    • Journal of the Korean Home Economics Association
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    • v.36 no.9
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    • pp.153-166
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    • 1998
  • In this study commuter marriage was defined as a family in which working husband and wife, who have professional job having family orientation and job orientation, come and go lived separately for more than days a week for working in different region. This study examined the determinants of living separately the merits and demerits of commuter marriage, relation with family, family finance and household work for twelve case wives fitted for above definition, and the findings are as the following. The main cause of commuter marriage was wife's work place. The merits of commuter marriage were that wives can devote to their own increased time and that they had fresh feeling to their husbands. The demerit were mental burden to mother-in-laws and their mothers who take charge of home management and the high cost of living for double housekeeping. In the area of relation with family, they and their husbands call above one time per day for communication although they live separately for three or four days, do not insist on norms of living together, and overcome difficulties of commuter marriage well. In the area of family six couples used allowances method. They have high living cost like traffic expenses, telephone charges, and housing expenses because of double living. In the area of household work, they mainly manage family life with the help of household helpers like mother-in-laws or their own mothers.

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Incongruence Between Housing Affordability and Residential Environment Quality of Young Renters Living Independently in Non-Seoul Metropolitan Area (비수도권 지역에 독립 거주 중인 미혼 청년 가구의 월세 부담 및 거주성 비교 분석)

  • Hyunjeong Lee;Sangjun Nam
    • Land and Housing Review
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    • v.15 no.1
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    • pp.1-22
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    • 2024
  • This research explores the household and housing characteristics of young renters aged between 19 and 34 living independently in rental housing of non-Seoul Metropolitan Area (non-SMA) and to determine the factors of their housing affordability and residential environment qualities in two districts of non-SMA - metropolises and non-metropolises. Using the 2020 Korean Housing Survey (KHS), this study identified 1,191 unmarried young renters, and most were single adults in mid-twenties who were salaried workers with a bachelor's degree or higher. Also, many lived in single-room occupancy of non-APT housing for less than 2 years and rarely relied on social services. The findings showed that the distinction of local housing market between metropolises and non-metropolises forced the former to spend more housing expense (tenancy deposit and rental fees) than the latter. With regard to housing affordability indices (Schwabe index, housing expense ratio and rent to income ratio), most were housing cost-burdened and nearly one quarter were severely rent-burdened. The regression analysis indicated that housing affordability in both districts was positively affected by income increase and social services, and housing satisfaction in non-metropolises was added to its determinants. Further, residential environment qualities were largely divided into two groups of livelihood and urban infrastructure, and the two factors influenced residential assessment in both districts. Since young renters interdependently living had suffered with housing affordability, both income growth and housing assistance are critically required to enable them not just to reduce the burden but to ensure livability.

Refugee Medical Administration in Republic of Korea (대한민국의 난민 의료지원)

  • Samin Hong
    • Health Policy and Management
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    • v.33 no.2
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    • pp.214-222
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    • 2023
  • Refugees who are persecuted can apply for refugee recognition in the Republic of Korea in accordance with the Refugee Convention and the Refugee Act. They can do so either at the port of entry or during their stay in Korea. After undergoing screening, individuals may be recognized and protected under different categories, such as recognized refugees, humanitarian status holders, refugee applicants, and refugees seeking resettlement. Recognized refugees are entitled to the same social benefits and basic livelihood guarantees as Korean nationals. Humanitarian status holders and refugee applicants may receive support such as minimum living expenses, housing facilities, medical care, and education. In the medical field, refugees and their unmarried minor children are eligible for medical support through the "Medical Service Support Project for Marginalized Populations, Including Foreign Workers." This support is in addition to the national healthcare coverage and medical benefits provided by the government. However, there are pressing concerns regarding the inadequate budget allocated to this project and the excessive cost burden placed on participating medical institutions. It is crucial to secure additional funding and implement administrative improvements. Furthermore, it is essential to develop medical support measures that ensure the minimum right to health for individuals who choose not to undergo the refugee recognition process at the port of entry.

Study on Management Plan of the Financial Supervisory Service According to Increase of Risk of Household Debts (금융권 가계부채 위험증가에 따른 금융감독원 관리방안에 관한 연구)

  • Lee, YunHong
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.2
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    • pp.96-106
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    • 2018
  • The government adopted activation policy of real estate to overcome low economic growth rate. Real estate activation plan adopted by the government raised credit limit by lowering the regulation, and reduced real estate investment cost by reducing the base rate. Also, delayed transfer tax on multi-house owner to activate real estate investment and resolved purchase right resale. Relief of real estate regulate caused increase of housing sales and price increase, and the real estate market changed to overheating aspect such as premium upon completion of lot sale in a short time. Such market atmosphere greatly increased household debs as owners own houses based on 'financial debt' instead of their income. Since 2017, real estate policy was reinforced to reduce household debts and lending rate was raised due to rise of base rate, accordingly, burden of household debt is expected to increase. This research suggested a plan for the Financial Supervisory Service to efficiently manage the financial world by analyzing the cause and problem of household debs.