• Title/Summary/Keyword: Housing supply

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Market Equilibrium and Spatial Variability in the Value of Housing Attributes (주택특성 변수의 시장 균형과 공간 변이성)

  • Cho, Seong-Hoon;Kim, Seung Gyu
    • Environmental and Resource Economics Review
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    • v.18 no.2
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    • pp.311-344
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    • 2009
  • The hypothesis that the common market equilibria for housing attributes are attained within distinctive submarkets was tested. Markets for housing attributes with greater supply flexibility, i.e., structural variables, were found to be closer to their common equilibria than markets with less supply flexibility, i.e., neighborhood and distance variables. In addition, submarkets with greater mobility were found to achieve common market equilibria for more housing attributes with greater supply flexibility, but not for housing attributes with lower degree of supply flexibility. Results suggest supply flexibility and occupier mobility are both necessary conditions for achieving common market equilibria for housing attributes.

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A Study on the Planning Characteristics of Infill System for Long Life Housing Applied with MC Design (MC설계를 적용한 장수명주택 인필의 계획특성에 관한 연구)

  • Wang, Woo-Chul;Lim, Seok-Ho
    • Journal of the Korean housing association
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    • v.27 no.1
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    • pp.63-70
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    • 2016
  • Domestic apartment housing has been designed in accordance with the new housing supply-driven policies for a long time. As a result, its design, material production, construction, maintenance and remodeling process, rather than being systematically performed, were individually approached to cause insufficient linkage between technologies. For these problems and the supply of long life housing, active research on long life housing has been conducted in Korea since 2005. However, the existing research on long life housing has been focused on a single item with no connection made between infill systems, and no overall interface rule, resulting in no activation of the business. In this study, for the supply and activation of long life housing, we aim to analyze the problems of existing long life housing to set up its matching standards for infill systems.

A Study on the External Effect of 'Dagagu' Housing Purchase and Public Rental Housing to Nearby Area (다가구매입임대주택이 주변지역에 미치는 외부효과에 관한 연구)

  • Kim, Sang-Don;Lee, Joo-Hyung
    • Journal of the Korean housing association
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    • v.19 no.5
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    • pp.29-36
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    • 2008
  • The objective of his study is to research the effect of the 'Dagagu' housing purchase and the public rental housing supply on the nearby community. In the case of public rental housing, many studies have demonstrated that the perception that a public rental house is a low income dwelling has an external effect on the residents immediately outside the area such as the perception of the lowering of house prices. However, an advanced research concerning the 'Dagagu' housing purchase and public rental housing has not been carried out because it has only recently been enforced. Through a survey conduced of residents who live nearby the 'Dagagu' housing purchase and public rental housing the aim of his study is to show how the residents perceive the renal houses and are influenced by them. At the same time, this study demonstrates the external effect of rental house supply by analyzing the housing price around the area. Most people who live in the near by 'Dagagu' housing purchase and public renal housing have a negative opinion of his housing because they believe that the residential prices will depreciate. However, only about 40% of the people felt that the residential price depreciation as a result of the 'Dagagu' housing purchase and public rental housing supply was not visible.

A Study on the Demand and Supply of Housing due to Population and Changes in Household - On the Social Causes of the Changes in the Population Structure in the Center - (인구구조와 가구 변화에 따른 주택공급 및 수요에 관한 연구 - 인구구조 변화의 사회적 원인을 중심으로 -)

  • Jung, Young-Soo;Lee, Jong-Kuk
    • Journal of the Korean housing association
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    • v.25 no.3
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    • pp.123-130
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    • 2014
  • The decrease in the birth rate of the modern changes in population structure changed recovery households and household members. This change was seen in the furniture sector, 2010 population housing total survey data according to the types of households and household members indicate that future changes. Problems can predict the various issues raised, and to ensure that the supply of housing of the population structure and household type is not done properly and home sales take a look at home since 2000, was popular during the 2010 State. Therefore, this study is suggesting workarounds necessary adjustments due to changes in population structure, analyze news coverage of members of households with housing demand and housing as a base quantity change in the future of furniture and home situation changes, including housing demand and supply to purpose. Specify the range of Daegu-City research studies range, national statistical data and related literature, comparative analysis of time trends and derive a conclusion.

Issues and Improvement Strategies on the Supply of the Public Housing Supplied through the Purchase of Existing Housing Units with Emphasis on Seoul (매입임대주택 공급의 문제점과 개선 방안: 서울을 중심으로)

  • Choi, Eun-Young;Park, Shin-Young
    • Land and Housing Review
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    • v.7 no.2
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    • pp.67-75
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    • 2016
  • This research suggests improvement strategies for the problems of 'public housing supplied through the purchase of existing house' by understanding the situation of supply to lowest income class in Seoul where there are many demands. Due to the heavy housing expenditure burden, in spite of the fact that the needs for affordable housings are increasing, the number of 'public housing supplied through the purchase of existing house' which has been supplied to Seoul by LH & SH has decreased since 2009. It is caused by the low standard purchasing price set by government especially Seoul. Since 'the public housing supplied through the purchase of existing house' is targeted for indigenous inhabitants, different supply stocks among different regions cause equity problem. Generally regions with low income class are in short supply, on the contrary the supply is especially concentrated specific regions in outskirts of Seoul. The main reason of such new supply stagnation and regional concentration is the low standard purchasing price. Therefore, it is necessary to increase the government's standard price according to the actual transaction price. Also it is needed to associate actual transaction price's increasing rate with the government's standard price. The housing supply based on demands must be established. In addition, the provision of 'public housing supplied through the purchase of existing house' should be expanded to low-middle income inhabitants and low income youth in the regions where the supply of the affordable housing excess demands.

A Study of Proposal of Direction to Promote the Supply of Senior Welfare Housing in the Private Sector (민간부문의 노인복지주택 공급 활성화를 위한 방향성 제안)

  • Koo, Junghan;Kwak, Sungho;Kim, Jaejun
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.26 no.4
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    • pp.49-57
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    • 2020
  • Purpose: In our country, the aged population accounted for about 13% of the total population in 2018. In addition, it is expected to exceed 20% in 2026, entering an super-aged society. However, the senior welfare housing in Korea currently accommodates only 0.08% of the elderly population, and the increasing amount of the elderly population is very small. Accordingly, this study aims to analyze the causes of supply shortages and to propose directions for revitalizing the supply of welfare housing for the elderly in the private sector. Methods: First, the causes and problems of the poor supply of welfare housing for the elderly were analyzed. Next, the direction was proposed through institutional and case-by-case surveys and expert interviews. Results: It suggested directions such as legal and institutional improvement, inducing the use of REITs, preparing policies to support consumers, allocating a certain percentage of senior welfare housing for the elderly in the reconstruction project, improving awareness of monthly living expenses, and re-discussing sales permits. Implications: Experts said that the direction proposed in this study can have a positive effect on supply activation. However, there were many opinions that re-discussion on permission for sales was necessary due to the excessive impact of the inability to sell. In addition, further research is needed for specific application of the proposed direction.

Analysis on the Satisfaction Factors of Housing Performance and Residential Environment of Public Housing in Seoul (서울시 공공임대주택 주택성능과 주거환경 만족도에 미치는 영향요인)

  • Sung, Jin-Uk;Nam, Jin
    • Journal of Korea Planning Association
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    • v.54 no.3
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    • pp.49-62
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    • 2019
  • In order to balance with supply policy, public housing management and operation policies have been implemented in terms of housing welfare, but citizens have not yet achieved the results that the citizens are experiencing. The purpose of this study is to analysis the residential satisfaction of the including the housing performance through the characteristics of the public housing residents in Seoul. The data used in this study is based on the survey data of public housing panel survey in Seoul (2016). The study method used ordered logistic regression analysis based on the fact that dependent variables appeared as ordered responses. Major research results are as follows. Firstly, housing performance and residential satisfaction may not match. Even though the satisfaction of housing area, type, and management fee is high, satisfaction with residential environment is low if commuting distance, the number of small libraries, and hospitals are small. Secondly, it showed different characteristics of residential environment factors among types of public housing. Rather than focusing on supply, customized supply is needed considering characteristics of public housing types. Thirdly, the policy for public housing needs to be realized by a fair policy on the residential environment. It is necessary to contribute to better housing stability as a customized policy considering the local residential environment.

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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A Study on Latent Characteristics of Rental Housing - A Case Study on 'Co-deweling' of Rental Housing in Seoul - (임대주택(賃貸住宅)의 내재적(內在的) 특성(特性)에 관(關)한 연구(硏究) - 서울의 공동거주형(共同居住型) 임대주택(賃貸住宅)의 사례(事例)를 중심(中心)으로 -)

  • Lee, Yun-Hee;Jung, Jae-Kook
    • Journal of the Korean housing association
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    • v.21 no.4
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    • pp.51-58
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    • 2010
  • In the modernization process of the city, urbanization raised a variety of social issues. Urbanization brought noticeable changes in dwelling patterns, such as drastic changes in the housing lifestyle, that revolved around the metropolitan areas of Seoul and Busan etc. before and after the expansion of economic growth. Especially in 1985, when 23.8% of the country's population was concentrated in Seoul, the imbalance of housing supply and demand caused a vast range of housing shortage. The shortage, that resulted from public sector mishandling of natural housing demand, lead to the occurrence of private sector rental housing. The occurrence of this abnormal rental housing supply, became a major cause of Korea's typical lease system called 'Co-dwelling', where the leaseholder and tenant physically lives in the same residence. The leaseholder and tenant's 'Co-dwelling' started from partial renting of traditional Korean-style housing and transformed with the transition of dwelling form and time. However, after 1985, legalization of multi-family housing, Korean rental housing started to be planned in the beginning of it's housing construction and to be produced as an independent space with separate circulation. Also in terms of facility, it changed from partial renting of a space within the residence to an assembly of small individual spaces. However, the background of this deep-rooted 'Co-dwelling' lease system, in different forms and periods of residence, is still based on the lack of public sector rental housing supply and private sector supply of rental space to utilize extra space, 'Jeonsei' payment.

A Study on the Parking Demand of Public Sized Apartments - Focused on Apartments at Chil-Gok Area in Daegu - (국민주택규모 아파트단지의 주차수요에 관한 연구 - 대구광역시 칠곡지구를 중심으로 -)

  • 박찬돈;박몽섭;하재명
    • Journal of the Korean housing association
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    • v.14 no.6
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    • pp.41-50
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    • 2003
  • The parking problem is caused by the parking demand. The ratio of parking demand at multi-family housing sites has been increased significantly, therefore several parking problems have occurred. The goal of this study is to investigate the parking demand per housing size of public-sized apartments, and to prepare that with the architectural regulations about parking supply. According to the results of this study, the parking demand of the small size housing unit(exclusive size:60 $m^2$ below) shows 1.09 car per the unit. and that of the medium size housing unit(exclusive size:60 $m^2$ over 85 $m^2$ below) shows 1.34 car per the unit. The parking demand of the small size housing unit was exceeded 56% more than the legal supply limit, and the parking demand of the medium size housing unit was exceeded 34% more. It is means that the level of architectural regulation about parking supply was not enough than the parking demand. So, it needs recon-sideration about the architectural regulations of parking supply.