• Title/Summary/Keyword: Housing Prices

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Evaluating the Accuracy of Spatial Interpolators for Estimating Land Price (지가 추정을 위한 공간내삽법의 정확성 평가)

  • JUN, Byong-Woon
    • Journal of the Korean Association of Geographic Information Studies
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    • v.20 no.3
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    • pp.125-140
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    • 2017
  • Until recently, regression based spatial interpolation methods and Kriging based spatial interpolation methods have been largely used to estimate land price or housing price, but less attention has been paid on comparing the performance of these spatial interpolation methods. In this regard, this research applied regression based spatial interpolators and Kriging based spatial interpolators for estimating the land prices in Dalseo-gu, Daegu metropolitan city and evaluated the accuracy of eight spatial interpolators. OLS, SLM, SEM, and GWR were used as regression based spatial interpolators while SK, OK, UK, and CK were employed as Kriging based spatial interpolators. The global accuracy was statistically evaluated by RMSE, adjusted RMSE, and COD. The relative accuracy was visually compared by three-dimensional residual error map and scatterplot. Results from statistical and visual analyses indicate that GWR reflecting the spatial non-stationarity was a relatively more accurate spatial predictor to estimate land prices in the study area than SAR and Kriging based spatial interpolators considering the spatial dependence. The findings from this research will contribute to the secondary research into analyzing the urban spatial structure with land prices.

A study on The Problems and Improvement Measures of The Capital Gain Tax (양도소득세의 문제점과 개선방안에 관한 연구)

  • Kim, Beom-Jin;Jeon, Jung-Wook
    • Korean Business Review
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    • v.19 no.2
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    • pp.1-21
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    • 2006
  • The purpose of this study is to analysis of the policy and problems of the capital gain tax. So this study identified the problems in the tax system and the method, suggested some ideas that can be useful for reforming the current capital gain tax system. The followings are the concise of some ideas. First, government should adopt the housing market stabilization policy in the long-term period, not in the short-term period which depend on the financial market and the part of home supply. Second, determining the capital gains tax should be transferred to actual market prices system rather than based on the standard assessed prices by government through the nations. By doing so, the desired principles of taxation come true such as principle of taxation on economic substance, principle of taxation on solid foundation and principle of taxation on tax paying ability. Third, transaction taxes should be minimized in the aborting the property speculations and the stabilizing the actual market prices. Fourth, the system of non tax to the owners of 'one family, one house' should be excluded to the tune of principle of tax equity. By doing so, tax payers could be induced to pay taxes on a timely basis not commit to wrong doings. In conclusion, anti-speculation policy should be progressed in such a comprehensive and sustained way as to wipe out the psychology of expectation about the transfer gain's incomes.

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Analysis of Characteristics of the Cancelled Districts of Housing Redevelopment Project - Focusing on Decision Tree Analysis - (재정비사업 해제구역 의사결정 특성 연구 - 의사결정나무기법 중심으로 -)

  • Lee, Do-Ghil
    • Journal of the Korean Regional Science Association
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    • v.37 no.4
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    • pp.49-59
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    • 2021
  • This study aims to identify the characteristics of the cancelled districts of housing redevelopment and housing reconstruction project. The subject of this study is 189 project districts(121 promoted districts, 68 cancelled districts). Both 121 promoted districts and 68 cancelled districts were analyzed by Decision Tree Analysis. The first separation of the release zone influencing factors was made by the Development Actors. In other words, the most important independent variable for determining the release zone influence factor was shown to be the presence or absence of propulsion actors. Of the 89 districts without propellers, 41 were lifted and 48 were promoted, and 9 out of 100 districts with propellers were lifted and 91 were promoted. The second separation of the impact factors on the zone was then made by Land Owners, and the probability of cancellation increased if the number of landowners was less than 468 and 37 out of 62 were removed. On the other hand, four out of 27 districts with more than 468 landowners were lifted and 23 districts were promoted. The third separation was made by the Average Land Assessment, and 35 zones were lifted below the standard of KRW 269.64 million/m2 approximately KRW 8.91 million per pyeong, and two zones were lifted at higher official prices. In the second division, the number of landowners was 468 or more, and in node4, four areas were removed from areas with a public land area ratio of 29.43% or more, and no areas less were released. This study used SPSS Statistics 26 S/W for analysis.

Predicting the Real Estate Price Index Using Deep Learning (딥 러닝을 이용한 부동산가격지수 예측)

  • Bae, Seong Wan;Yu, Jung Suk
    • Korea Real Estate Review
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    • v.27 no.3
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    • pp.71-86
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    • 2017
  • The purpose of this study was to apply the deep running method to real estate price index predicting and to compare it with the time series analysis method to test the possibility of its application to real estate market forecasting. Various real estate price indices were predicted using the DNN (deep neural networks) and LSTM (long short term memory networks) models, both of which draw on the deep learning method, and the ARIMA (autoregressive integrated moving average) model, which is based on the time seies analysis method. The results of the study showed the following. First, the predictive power of the deep learning method is superior to that of the time series analysis method. Second, among the deep learning models, the predictability of the DNN model is slightly superior to that of the LSTM model. Third, the deep learning method and the ARIMA model are the least reliable tools for predicting the housing sales prices index among the real estate price indices. Drawing on the deep learning method, it is hoped that this study will help enhance the accuracy in predicting the real estate market dynamics.

Locational Characteristics and Use Factors of Public Wi-Fi in the Jeju Province (제주도 공공와이파이의 입지 특성과 이용 요인에 관한 연구)

  • Kim, Heungsoon;Choi, Seungho;Lee, Hamin;Lim, Hawon;Oh, Yunchan;Kim, Seong-A
    • Land and Housing Review
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    • v.12 no.4
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    • pp.1-13
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    • 2021
  • This study investigates the effectiveness of Jeju's public Wi-Fi policy for which the key factors of public Wi-Fi use and location characteristics are analyzed. Spatial regression analysis was conducted within a 100 m radius of public Wi-Fi access points. In the analysis, the dependent variable was public Wi-Fi usage time while independent variables included demographic factors, location factors, and other factors. The findings reveal that demographic factors such as the number of residents, the number of workers, and the number of visitors had a close correlation with the use of public Wi-Fi. In addition, the number of bus stops and land prices of each parcel, land use mix, and AP installation period had a positive correlation with the use of public Wi-Fi. On the contrary, the number of buildings by use, the total floor area of buildings, and the number of tourist attractions had negative correlations with public Wi-Fi usage time. These findings provide policy implications that more active publicity on Jeju's public Wi-Fi is needed and the convenience for access needs to be improved.

The Impacts of Heavy Industrial Pollution Sources on The Real Estate Price Evidence from Maanshan City, China (중공업 오염원이 부동산 가격에 대한 미치는 영향 중국 마안산시 중심으로)

  • Wang, Rundong;Zhang, Zhixin;Huang, Shuai
    • The Journal of the Korea Contents Association
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    • v.20 no.6
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    • pp.717-729
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    • 2020
  • As the environmental pollution problem in modern society is rapidly changing with industrialization, the environmental pollution problem has a direct or indirect effect on various fields. In particular, heavy industry pollutants can be a significant variable in site selection and realestate value. Therefore, this study is based on transaction data of 13apartment complexes in Maanshan City, a representative steel city in China, and uses the Hedonic Price Model to study the effect on real estate prices, mainly on heavy industry pollution during environmental pollution. The conclusion shows that the farther away from the source of pollution, the higher values are.

VMD Spatial Composition through Cost Differentiation among Lifestyle Shops (라이프스타일 샵의 가격대 차별화를 통한 VMD 공간구성)

  • Park, Ji-Ye;Han, Hae-Ryon
    • Korean Institute of Interior Design Journal
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    • v.27 no.1
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    • pp.88-96
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    • 2018
  • The income level of people in South Korea has risen as the gross national income per capita reached the milestone of 30,000 dollars. More and more consumers try to change their houses according to their tastes just like they express themselves through clothes, bags, and other fashion items, thus pursuing value-based consumption. The changes to the housing culture including the greater percentage of one- or two-person households and the growing trend of lease and monthly rent have made consumers increase their demands for products to express their lifestyles. As a result, global lifestyle shops with characteristic and diverse concepts entered the South Korean market and were joined by South Korean fashion brands, large-sized stores, department stores, and fancy stationery manufacturers, which launched their own brands, in the expansion of lifestyle shops across the nation. Lifestyle shops have a couple of unique attributes including the relatively clear selection of target consumers and a clear set of VMD strategies accordingly. Based on a judgment that there was cost differentiation among brands, the investigator categorized the comparison and analysis criteria into high, middle, and low prices to apply case analysis. This study set out to analyze VMD strategies for spatial composition through cost differentiation among lifestyle shops, take the results into total consideration, and propose an effective and competitive VMD strategy for lifestyle shops through spatial composition elements.

A Basic Study on the Method of Building Energy Management Based on Digital Space Modeling and Ubiquitous IT Technology (디지털 공간모델링 기법과 유비쿼터스 IT 기술을 접목한 빌딩 에너지 관리방법에 관한 기초연구)

  • Park, Yong-Jun;Park, Nam-Hee;Choi, Jin-Won
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.04a
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    • pp.181-186
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    • 2009
  • Recently, the consuming efficiency of energy and natural resources has been a hot issue because of the continuous increasing of energy consumption and soaring of international oil prices. We tried to seek an action plan for the government's new paradigm 'Low-Carbon, Green Growth' by consuming energy efficiently and improving in energy management based on ubiquitous IT technologies. In this study, the library survey method is adopted for this study and IP-USN(internet protocol based ubiquitous sensor network) is considered as a core technology among various ubiquitous IT technologies. The purpose of this study is to deliver a method of energy management through integrating the context information gathered from sensors with digital space models and visualizing them together. The details are to survey the technologies of digital space modeling, USN based monitoring, building energy management and to integrate these technologies all together. This study will contribute to the enhancement of efficient building energy management by grasping the accurate situation of energy consuming in the building in realtime and minimizing unnecessary energy wastes.

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Trade Scale, Property Types, and Location Environment of Vacation Houses: Examples from Central Japan

  • Shin, Byung-Chuel;Park, Gu-Won
    • Journal of Environmental Science International
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    • v.25 no.12
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    • pp.1701-1715
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    • 2016
  • This study is a basic investigation of the contents and services relevant to the domestic vacation house business. In which, the trade scale, types of housing, and environmental conditions of various property locations were analyzed. The characteristics of properties listed on the Japanese website that conducts the greatest volume of vacation house trade in Japan were examined, and the following results were obtained: Villa areas, villas, and resort condos (resort mansions) are the three basic types of properties handled in the vacation house trade. In this market, sales per unit in villa areas and per spaces in resort condos accounted for the highest volume of trade, followed by that of villas (individual houses). In terms of land area, floor area, and sales price per house type, the relatively cheaper small and medium-sized vacation houses are more frequently traded, than expensive large-scale villas. In particular, small multi-family type villas (such as in resort condos) are the most popular. Land and floor area, and sales prices all show considerable variation depending on the type of property considered. Therefore, a business initiative to provide a more detailed classification of properties is required. In terms of the environment of vacation properties, most are located on coasts, plateaus, or inland mountains, and are generally within three-hours' traveling distance of large cities.

Distinction of Internal Tissue of Raw Ginseng Root Using a Computed Tomography Scanner

  • Jung, In-Chan;Jeong, In-Soo;Kim, Cheon-Suk
    • Journal of Ginseng Research
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    • v.36 no.4
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    • pp.469-476
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    • 2012
  • Raw ginseng root of Panax ginseng is graded according to its shape and the quality of its internal tissue. A variety of grades are sold with prices according to grade. If an inferior raw ginseng is purchased, the consumer experience an economic loss. This research was conducted in order to explore the possibility of developing a noninvasive method for investigating raw ginseng's internal tissue. It has been determined that computed tomography (CT) scanner images agreed with actual cross-sections of raw ginseng. CT images were obtained to assess the internal portions of raw ginseng, and CT scans of raw ginseng were thoroughly measured using the Hounsfield unit (HU) system, since it allows for a more detailed analysis compared to nuclear magnetic resonance imaging. HU is a measure of attenuation used for CT images, with each pixel being assigned a value using a scale on which air is defined as -1000, water as 0 and compact bone as +1000. It takes about one second to process are slice and produce an image of the raw ginseng by a one channel CT scanner. An image good enough to discriminate the internal tissues can be obtained in 1/24 seconds with a one-channel CT scanner. Using this method, images of raw ginseng can be obtained and the characteristics of the internal tissues can be observed in a short time.