• Journal of Family Resource Management and Policy Review
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• v.16 no.1
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• pp.85-101
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• 2012

This study aims to identify the propensity to consume and housing characteristics according to life cycle as the main independent variable. It also tries to understand the consumption power and housing style of each cycle and analyze whether there are differences between each life cycle, ultimately aiming to match the propensity to consume and housing style with each cycle. For empirical analysis, on and off-line surveys of 488 people were collected and analyzed by cross analysis, factor analysis and analysis of variance. The prime research findings are as follows: First of all, factor analysis on propensity to consume showed four main sub-factors as rational consumption, conspicuous consumption, trend consumption, and status consumption. Secondly, current and preferred housing styles ranked from modern, natural, casual, classic and romantic, which proved that people are currently housed in preferred housing styles. Thirdly, in case of housing-related characteristics of life cycles, the size of the house increased as the levels progressed, and then decreased at level 6 when the children grew into adulthood. The majority of the population was paying a monthly rent, a few were leasing, and a very few owned their housing. 58% were living in apartments, but in levels 1-2, more were living in row houses and high-rise residential buildings, while in level 6 it was detached houses. Fourthly, the propensity to consume according to life cycle tended to shift from conspicuous and trend-based consumption to rational consumption as the cycles progressed. Fifthly, the preferred housing styles were modern and natural styles, regardless of life cycle. These study results can be applied to product development and marketing activities based on their accurate analysis of customers' needs, which can thus bring further customer satisfaction.

• Journal of the Korea Institute of Building Construction
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• v.8 no.6
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• pp.99-105
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• 2008

Resent, requirement of residents is socially increasing for apartment. Apartment housing os developed to reduce the housing shortage caused by urbanism after industrialization in Korea. The Purpose of this study is to analyze the casual relationships of housing satisfaction, living Life-Cycle on all residents of apartment housing. This study develops a theoretical model based on the previous studies, and testifies the hypothesis through analyzing to questionnaires form 643 residents of apartment housing. Then, the data were analyzed by SPSS12+ program package in terms of frequency, correlation analysis and multiple regression analysis. The results of this study is summarized as the followings: The perceived quality had positive effects on the factor of living Life-Cycle and housing satisfaction. Finding of this study can provide valuable information for a criterion of decision making to consumer and a marketing strategy of housing construction company.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2006.11a
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• pp.438-442
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• 2006

The aims of this study was to identify the needs of a generation-integrated housing complex by respondents with different generations and propose the plans for this type of low-rise housing complex. Respondents were needed a housing unit with 31-40 pyung, three rooms, and two baths. Also, they wanted to live a housing complex with size of 50-100 housing units, providing community services such as green zone and rivulet, community programs and spaces, and residents gathering public spaces. The proposed plans showed three types of standard housing unit plans and three modified housing unit plans to accommodate the changing life cycle of the family.

• Journal of the Korean housing association
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• v.1 no.1
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• pp.37-48
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• 1990

The objective of this study is to suggest a housing life cycle of Korean families which adds to the establishment of reasonable housing standards and to the prediction of fufure-oriented family housing behavior by reviewing published papers. Following model is suggested as a housing life cycle suitable to assess the family housing behavior in Korea. 1st stage : period of house searching 2nd stage : period of house changing 3rd stage : period of house stabilizing \circled1 size enlargement phase \circled2 quality improvement phase \circled3 stable settlement phase 4th siage : period of house contracting 5th stage : period of house depending Since the proposed model is hypothetical, it must be tested and modified by the extensive social survey research on the real housing event history.

• Journal of the Korean housing association
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• v.19 no.4
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• pp.89-96
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• 2008

The environment has played a key role to improve the living condition and develop the industry. In building industries, we should consider the environment and mitigate the environmental affect. For mitigating the its affect, various areas of building technology have been developed and applied into filed work. In addition, the process in applying into field requires to conduct the assessment of the environmental affect and improve its applied technology. A lot of assessment methods are proposed in evaluate the building condition such as post-occupancy evaluation, life cycle management and life cycle assessment. Among these assessment methods, life cycle assessment is effectively utilized the environmental affect in building life cycle. Therefore, this paper aimed at analyzing the energy consumption and $CO_2$ emission in building life cycle, using the life cycle assessment and application of the example in apartment housing. This study shows that the maintenance and the production of building materials stage shares most of the amount of energy consumption and $CO_2$ emission and therefore plays an important role to planning the building in terms of the life cycle. Second, the other stages brings about a very small amount. It is important to decide the building shape and contents to mitigate the environmental affect in terms of material, volume, the pattern of the energy use and others.

• Land and Housing Review
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• v.12 no.4
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• pp.31-40
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• 2021

In the present article we examine life-cycle housing demand for Korea. Distinguished in this work from prior research is the consideration of non-monocinity in the life-cycle housing demand. To this end, we adopt spline logistic regression models. Our findings suggest that life-cyclicity is most clear in Korean housing demand; namely, 1) small (mid-large) house ownership falls (grows) dramatically as households age into middle aged; 2) middle aged households do not participate in the rental or purchase market actively; 3) elderly population does not dispose of their housing to the same extent as younger generations acquire housing.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2000.11b
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• pp.123-129
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• 2000

The purpose of this study was to provide the fundamental data for the effective housing remodeling plan. Through the questionnaire survey, the actual conditions of remodeling in apartment housing were investigated. And as the result of statistic analysis, the relationships between characteristics of remodeling and building life-cycle, and family life-stage, were found out. The major findings of this study are as follows; 1) Most of apartment residents have remodeled the family living space and private living space. In detail, they performed remodeling frequently the change of finishing materials, facilities and equipments, and the change of the location of curtain wall ＆ storage fixtures. 2) It might be predicted that the building life-cycle was influential variable to predict apartment residents' remodeling. Therefore, in planning the support service for the remodeling, the building life-cycle should be taken into consideration.

• KDI Journal of Economic Policy
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• v.39 no.3
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• pp.43-62
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• 2017

This paper proposes an integrated risk-management framework that includes 1) measuring the risk of credit portfolios, 2) implementing a (macro) stress test, and 3) setting risk limits using the estimated systematic latent factor specific to capture the housing market cycle. To this end, we extract information from a set of real-estate market variables based on the FAVAR methodology proposed by Bernanke, Boivin and Eliasz (2005). Then, we show the method by which the estimated systematic factor is applied to risk management in the housing market in an integrated manner within the Vasicek one-factor credit model. The proposed methodology is well fitted to analyze the risk of slow-moving and low-defaultable forms of capital, such as alternative investments.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2004.11a
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• pp.153-159
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• 2004

Apartment Housing in Korea has been developed rapidly and settled as a main housing form for short period, 40 years. In spite of increase of the apartment housing, it has pointed out that spatial organization of the apartment housing could accommodate residents 'various life style and life cycle. One of such planning methods is a flexible housing. Starting with the Gangbyoun-Siebeom apartment, flexible housing has been developed as merchandising constantly. However, flexible housing doesn't have enough understanding concerning lifestyle or life cycle of user individually, and it also means lack of comprehension and of flexibility, layout from modular coordination and planning of housing component. Therefore, according to the flexibility, the major goal of this research is to analyze the difficulty in realizing further of flexible housing in Korea and suggest implementation and alternatives or directions of flexible housing in Korea.

• Proceedings of the Safety Management and Science Conference
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• 2009.04a
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• pp.305-308
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• 2009

According to the returns of Housing and business cycle over the period 1992 to 2007, it is a measure of the total volatility faced by investors in Housing properties. First, it isn't a distinct difference from business cycle contrary to U.S. Second, the rise of purchase price in total apartments moves up the consumer price index. According to the cross-sectional dispersion of returns and growth in net operating income (NOI) of apartments, industrial, retail and office properties using panel data for U.S. metropolitan areas over the period 1986 to 2002, it is a measure of the total volatility faced by investors in commercial real estate. To the extent that most of that volatility is difficult to diversify, cross-sectional dispersion may be an appropriate measure of risk.