• Title/Summary/Keyword: Housing Price

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A Comparison of the Awareness and Preferences of Interior Designers and Housewives for Environment Friendly Interior Finishing Materials in Apartments (아파트의 친환경적 실내마감재에 대한 인테리어 디자이너와 주부의 인식 및 선호 비교)

  • Oh, Ji-Young;Kim, Mi-Hee
    • Journal of the Korean housing association
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    • v.20 no.1
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    • pp.19-26
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    • 2009
  • As a response to the recent increase in the Interest in environment friendly interior finishing materials, the purpose of this study is to compare the awareness of environment friendly interior finishing materials between interior designers and housewives, as representatives of two different consumer groups, and to examine how the preferences between them differ. The study participant group for this research consisted of 80 interior designers working in Gwangju, and 166 housewives who were residents of a number of apartments in Gwangju. Self administered questionnaires were provided to the participants and were then collected. Unpaired t-tests and $x^2$ tests were used to compare the prevalence of epidemiological factors and the variables that revealthe awareness and the preference between the two groups. While it was expected that both groups would source information using the internet, the housewives group showed a tendency to also seek advice from others in the selection of environment friendly interior finishing materials. Interior-designers considered the high price and the lack of diverse products as the most serious problems involved in selecting environment friendly interior finishing materials. Interior-designers chose design, color and long-term use, and the method of maintenance as standards by which to choose interior materials in general, while the housewives considered 'environment friendly' as the most important standard. Both groups however favored environment friendly materials. There was no difference between the two groups in terms of their belief in the need to trust a well known brand name and in the importance of a Green-label placed on interior finishing materials such as wallpaper, paint and laminate flooring.

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.

Exploring Spatial Distribution of Empty Houses and Vacant Land Due to Population Decrease in Mokpo (인구 감소 현상에 따른 목포시 빈집 및 공지의 공간적 분포 전망)

  • Jo, Young-Woo;Choi, You-Bin;Park, Chan
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.23 no.2
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    • pp.33-47
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    • 2020
  • With population losses and stagnant or depressed economies, the local governments embrace shrinkage and accept having a significantly smaller population. Both the initial and ongoing causes of shrinkage hold dramatic effects on the city and its remaining residents. In this context, vacant land increases as an overabundance of unused infrastructure is demolished and municipalities become burdened with increasing maintenance costs of this land. The result is that vacant land often experiences minimal management relative to social norms and have chance to provide a setting for ecological processes with urban rightsizing strategy. Therefore, urban ecosystems undergo major shifts in structure and function. We need to better understand the possibilities of where and how much of houses and land will be abandoned to assist land planners and policymakers to mitigate conflict between optimal ecological and sociological outcomes. This article, therefore, aims to identify distributional characteristics of vacant houses and lands with case study of Mokpo. The study found and verified affecting factors of vacant houses and lands by type through the use of a Maxent model and spatial data that explained housing choice and preference theory. We can predict the vacancies with the spatial variables such as land price, the population ratio over 65, and the distance from security facility. Based on the analysis, the ways of managing housing and land vacancy for sustainable development and ecological restoration method are discussed.

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.

The Differentiation of Reproductions of Educational Capitals and the Formation of the Gated City (학력자본 재생산의 차별화와 빗장도시의 형성)

  • 최은영
    • Journal of the Korean Geographical Society
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    • v.39 no.3
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    • pp.374-390
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    • 2004
  • This research analyzes the differentiation of the reproduction of the educational capital according to the residential area which is determined by the socio-economic status of parents. The results of the research show that: the reproduction of the educational capital of the region where highly educated people are segregated is very different from that of other regions in terms of the quantity and quality. The fact that one resides in a certain special area tends to determine the future of his child, so the boundary between the social groups is being intensified through the geographic concentration of the affluence and poverty. Gangnam Gu where the different educational capital is reproduced through the better educational environment tends to become the gated city which has the invisible but strong socio-economic barriers through the sharp rise of the housing(apartment) value and the concentration of highly educated people. Through the exclusion of other classes by the high price of the housing, only the residents within the barrier have access to the good educational facilities and services.

Estimate the Period and Cost of Projects by Estimating the Conflict Index - Concentrated on the Apartment Reconstruction Project - (갈등지수 산정에 의한 사업기간 및 비용 예측 - 공동주택 재건축사업을 중심으로 -)

  • Lee, Ro-Na;Lee, Hak-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.1
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    • pp.87-94
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    • 2012
  • The apartment reconstruction projects have the proper functions such as residential environment improvement and the new housing allocation system; however, intention of the projects are distorted by the combination of factors, like failure of relocation of the original occupants and income redistribution, speculation in real estate, sharp rise in housing price, disputation between various interested parties, inadequate system and etc and it makes the projects unable to go well. Disputations and litigations are due to spread of the small conflict. As a result of the problems, it could not going smoothly and that lead to increase or stop the period and cost. This study is to estimate the period and cost using the conflict index so as to prevent and solve the problem which is among the conflict in the reverse functions. The conflict index has estimated focus on the conflict impact and the period and cost has been estimated using an variable independent including the conflict index. Also, estimated the conflict index and estimate of the period and cost are able to succeed with a minimum of disputation and money.

The Advent of Korean Developers during the 1920s (1920년대 근대적 디벨로퍼의 등장과 그 배경)

  • Koo, Kyoung-Ha;Kim, Kyung-Min
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.4
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    • pp.675-687
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    • 2014
  • After colonization by the Japanese Empire, Seoul had experienced structural changes during the 1920s. As the number of residents increased dramatically, the land price of Seoul began to skyrocket, bringing about a new type of real estate developers. They invented a new type of hanok, which is very small compared to a traditional hanok, by dividing a large parcel of land into several small pieces. These hanoks were built by Korean developers who ran their business like modern developers today-acquiring large piece of land, developing and selling the property, and even providing financing schemes to buyers in some cases. However, the Korean developers mainly provided housing to the poor Koreans suffering from housing shortage. At the time, many Koreans worried that the City of Seoul would turn into a Japanese city, since the Japanese were trying to expand their real estate development to the north of Cheonggyecheon. However, their development plans have been neglected, as a result of the development activity of the Korean Jerry-builders in the north. The purpose of this paper is to reevaluate the role of the Korean developers in real estate development during the colonization period, especially in the 1920s.

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A Study on the Agreement Rate Encouraging Restriction Factor of Multi-family Housing Remodeling (공동주택 리모델링 사업의 동의율 확보 제약요인에 관한 연구)

  • Kim, Dong-Jae;Choi, Yong-Jae;Kim, Gab-Youl
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.1
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    • pp.122-129
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    • 2010
  • Until now, the domestic construction market has been formed focusing on new construction and reconstruction in the apartment industry. Recently, however, the remodeling market for old structures have shown a tendency towards land shortage and land price increases in the major cities : the reinforcement of regulations regarding reconstruction ; expenditure reduction and the solving of environmental problems by regarding old structures is pursuing low costs and maximum efficiency. The interest in remodeling is increasing, however, remodeling has not been successfully initiated in the apartment division for a reasonable period of time. Consequently to acquire mutual agreement for remodeling from the residential occupants. In order to evaluate profitability, it is necessary to set priorities and reasonable criteria for remodelling and to this end, it is also required to assess each fact of remodelling in view of both customers and supplied.

Market sentiment and its effect on real estate return: evidence from China Shenzhen

  • LI, ZHUO
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.9
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    • pp.243-251
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    • 2022
  • In this paper, we propose a phenomenon that analyze the impact of market sentiment on China's real estate market through the perspective of behavioral economics. Previously, real estate market analyzation basically focus on some fundamental principles which include market price, monetary policies and income, etc. However, little research has explored market sentiment and its influence. By using principal components analysis (PCA), this study first creates buyer's sentiment and seller's sentiment to measure the heat of China's real estate market. Different from using traditional estimation method, the vector autoregressive model (VAR) is used to analyze how both sentiments affect real estate return. The overall results show that from unit root test and impulse response analyzation, the impact of seller's sentiment is positive to real estate market while buyer's sentiment is negative. At the same time, the higher seller's sentiment will have different influence on the housing market compared with the higher buyer's sentiment.

Evaluation of the Characteristics of Food-related Factors and Interior Space Factors in Vietnamese Restaurants in Hong Kong (홍콩 소재 베트남 레스토랑의 음식관련요소 및 공간요소의 특성에 관한 연구)

  • Oh, Hye-Kyung;Lee, Ji-Hyun
    • Journal of the Korean Society of Food Culture
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    • v.24 no.5
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    • pp.467-477
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    • 2009
  • This study was conducted to investigate and analyze food related and space related elements of popular Vietnamese restaurants in Hong Kong to identify restaurant images related to food, to examine how Vietnamese traditions are applied to such restaurants, and ultimately, to get their implications for us. Luxury Vietnamese restaurants in Hong Kong tended to be located in major office buildings and famous shopping malls in the downtown area; therefore, they were highly accessible to foreigners. In addition, most Vietnamese restaurants were quite formal in size or atmosphere. The food-related elements of the luxury restaurants reproduced traditional menus, but the table setting and service generally adopted a formal Western style setting. The presentation of foods was also creative and contemporary, to suit international customers' tastes. Regarding the spatial elements, restaurants serving traditional menus had interiors influenced by the French colonial period, while those serving contemporarily adapted menus had interiors with simple contemporary images emphasized by Vietnamese traditional decorations. These characteristics allowed foreigners from diverse countries to access the restaurants without a sense of rejection. Casual restaurants were primarily exposed to many people on busy roadsides, but they tended to be inferior in terms of size and quality. Apart from size and price level, food-related elements failed to reflect Vietnamese unique traditional characteristics. The outward appearance consisted of basic construction materials (glass, chassis, and bamboo) instead of those representing Vietnamese architecture. Additionally, the interior of the casual restaurants contained traditional elements or objects more frequently than luxury restaurants, but they looked rather disorderly and lacked harmony. Overall, the image of casual restaurants was degraded by the use of cheap and low quality finishing materials and furniture. The results of this study may be useful for organizations promoting the Branding of Korea or businesspeople and designers promoting the globalization of Korean foods.