• Title/Summary/Keyword: Land Price

Search Result 482, Processing Time 0.023 seconds

Time Series Analysis of the Relationship between Housing Consumer Sentiment and Regional Housing Prices in Seoul (서울시 주택소비심리와 권역별 주택가격의 시계열적 관계분석)

  • Yang, Hye-Seon;Seo, Won-Seok
    • Journal of Cadastre & Land InformatiX
    • /
    • v.50 no.1
    • /
    • pp.125-141
    • /
    • 2020
  • This study investigated the time-series relationship between housing consumer sentiment and housing prices in the five major districts in Seoul and also analyzed the effect of the housing consumer sentiment on housing prices using Granger Causality and VEC (Vector Error Correction) models. To describe the key results, first of all, housing consumer sentiment and regional housing market prices were closely related to each other, and the consumer sentiment strongly affected the change of housing prices. Second, the housing consumer sentiment was confirmed to have a discriminatory effect on the housing prices among the districts in Seoul in the short term. Specifically, the housing price of the east southern district (ESD) was the main reason for the change in housing consumer sentiment in Seoul, and that the resulting impact was transferred to other districts. Third, it was analyzed that regions other than the ESD would increase the housing prices in the long term as the housing consumer sentiment turned positive, but that the ESD would see a steady tone. Fourth, in the case of relative influence by district, housing (apartment) price fluctuation in a district was generally found to be most affected by adjacent or competitive districts. Through these findings, this study confirmed that there is a clear causality between housing consumer sentiment and housing prices in each district of Seoul and that there is a discriminatory influence on housing consumer sentiment among the districts.

Sustainability of Olive Flounder Production by the Systems Ecology -II. Simulating the Future of Olive Flounder Aquaculture on the Land- (시스템 생태학적 접근법에 의한 넙치생산의 지속성 평가 -2. 넙치 육상양식산업에 대한 예측-)

  • Kim Nam Kook;Son Ji Ho;Kim Jin Lee;Cho Eun Il;Lee Suk Mo
    • Korean Journal of Fisheries and Aquatic Sciences
    • /
    • v.35 no.6
    • /
    • pp.660-665
    • /
    • 2002
  • In Korea, an olive flounder is very popular fish food item. However, due to the increasing human population, the present catches of the olive flounder may not be sufficient to satisfy the present demand. To increase the supply of the olive flounder, aquaculture has been begun. An interest in the aquaculture of the olive flounder has been increased recently because of its characteristics of good growth and high price in the market, However, the productivity of the olive flounder aquaculture depends on economic inputs such as fuels, facilities, and labor. The rapid growths of the olive flounder aquaculture and the concerns about economic and ecological sustainability have focused peoples attention on the aquaculture industry. In this study, an energy systems model was built to simulate the variation of sustainability on the aquaculture of olive flounder, The results of simulation based on calibration data in 1995 show that olive flounder production yield and asset slowly increase to steady state because of the law of supply and demand. The results of simulation based on the variation of oil price show that the more increase the oil price, the more decrease the olive flounder economic yield and asset. Energy sources required for systems determine the sustainability of systems. Conclusionally, the present systems of the olive flounder aquaculture should be transformed to ecological-recycling systems or ecological engineering systems which depend on renewable resources rather than aquaculture systems which depend on fossil fuels, and be harmonized with the fishing fisheries by the sustainable use of renewable resources in the carrying capacity.

A Study on the Taxation Equity between Non-Residential Real Estate and Apartment Houses (비주거용 부동산과 아파트의 과세형평성에 관한 연구)

  • Im, Dong Heok;Choi, Min Seub
    • Korea Real Estate Review
    • /
    • v.27 no.3
    • /
    • pp.87-102
    • /
    • 2017
  • The purpose of this study was to compare the taxation equity of non-residential collective real estate based on its standard market prices set by National Tax Service and those for taxation set by the Ministry of Government Administration and Home Affairs with that of the apartment houses in Seoul, South Korea. The study findings were as follows. First, the analysis results of the standard market price rates of non-residential collective real estate pointed to a huge gap in the assessment rate (AR) of the taxation standards among the Gu offices. Second, there was a big coefficient of dispersion (COD) in the standard market prices of non-residential collective real estate, which confirmed the presence of horizontal inequity. Finally, there was regressive vertical inequity, which leads to the undervaluation of high-value assets, in the standard market prices of non-residential collective real estate. The evaluation of the standard market prices of non-residential collective real state should thus reflect the market prices and the addition and assessment of the land and buildings to achieve taxation equity. Based on these findings, it is hoped that this study will make a significant contribution to the improvement of the official announcement system for non-residential real estate based on real transactions during the shift to such system.

A Study on the Factors affecting the Duration of Urban Redevelopment Projects - Based on the Project Area, Economic and Locational Characteristics - (도시정비형 재개발사업 소요기간의 영향요인 - 사업구역과 경제적 및 입지적 특성을 바탕으로 -)

  • Lee, Jaewon;Bae, Sangyoung;Jeong, Bosun;Lee, Sangyoub
    • Korean Journal of Construction Engineering and Management
    • /
    • v.22 no.3
    • /
    • pp.61-68
    • /
    • 2021
  • This study analyzed the influencing factors for urban redevelopment projects with a relatively long project duration in the context of Seoul's increasing urbanization rate and aging. Among the business areas that have been designated since 2005 and have been approved for the management and disposal plan of the entire Seoul area, 75 business areas have been set as targets. A hedonic price model was used to analyze the project area, economic, and locational characteristics as independent variables with the project duration from designation of zones to approval of management and disposal plans as dependent variables. As a result of the analysis, the smaller the project area, the larger the area occupied per union member, the larger the land price change rate, and the smaller the KOSPI index, the shorter the required period. This study has the distinction of empirically analyzing the effect of characteristic variables considering size and economic and locational characteristics on period. It provides implications that the area of the business area, the number of union members, and economic conditions should be considered when establishing a business area.

Prediction Model of Real Estate ROI with the LSTM Model based on AI and Bigdata

  • Lee, Jeong-hyun;Kim, Hoo-bin;Shim, Gyo-eon
    • International journal of advanced smart convergence
    • /
    • v.11 no.1
    • /
    • pp.19-27
    • /
    • 2022
  • Across the world, 'housing' comprises a significant portion of wealth and assets. For this reason, fluctuations in real estate prices are highly sensitive issues to individual households. In Korea, housing prices have steadily increased over the years, and thus many Koreans view the real estate market as an effective channel for their investments. However, if one purchases a real estate property for the purpose of investing, then there are several risks involved when prices begin to fluctuate. The purpose of this study is to design a real estate price 'return rate' prediction model to help mitigate the risks involved with real estate investments and promote reasonable real estate purchases. Various approaches are explored to develop a model capable of predicting real estate prices based on an understanding of the immovability of the real estate market. This study employs the LSTM method, which is based on artificial intelligence and deep learning, to predict real estate prices and validate the model. LSTM networks are based on recurrent neural networks (RNN) but add cell states (which act as a type of conveyer belt) to the hidden states. LSTM networks are able to obtain cell states and hidden states in a recursive manner. Data on the actual trading prices of apartments in autonomous districts between January 2006 and December 2019 are collected from the Actual Trading Price Disclosure System of the Ministry of Land, Infrastructure and Transport (MOLIT). Additionally, basic data on apartments and commercial buildings are collected from the Public Data Portal and Seoul Metropolitan Government's data portal. The collected actual trading price data are scaled to monthly average trading amounts, and each data entry is pre-processed according to address to produce 168 data entries. An LSTM model for return rate prediction is prepared based on a time series dataset where the training period is set as April 2015~August 2017 (29 months), the validation period is set as September 2017~September 2018 (13 months), and the test period is set as December 2018~December 2019 (13 months). The results of the return rate prediction study are as follows. First, the model achieved a prediction similarity level of almost 76%. After collecting time series data and preparing the final prediction model, it was confirmed that 76% of models could be achieved. All in all, the results demonstrate the reliability of the LSTM-based model for return rate prediction.

A Survey Study on the Consciousness of the School Fence Removal -focused on the consciousness of the five schools on fence removal, in Wonju city- (학교담장허물기에 관한 의식조사 연구 -원주지역 5개 학교담장에 관한 의식조사를 중심으로-)

  • Lee, Eun-Hee;Seo, Deok-Suk;Choi, Jae-Suk
    • The Journal of Sustainable Design and Educational Environment Research
    • /
    • v.9 no.1
    • /
    • pp.11-22
    • /
    • 2010
  • Recently, the necessity of open spaces is increased greatly in the city. But in many reasons, open spaces are diminishing gradually in the existing cities. It is more difficult to keep that space because of expensive land price, and the interests between the neighbors. To solve this problem, the local governments tries to change the street system more convenient to the pedestrian by adapting no vechile street system during some specific time. In this point of view, the street which include fence of school, house, and apartment can be the open space. Especially, removal of the school fence can be a useful solution providing open spaces to small cities suffering from lack of open spaces. In this researching background, several schools in Wonju were selected in this research, some has already been opened, and others yet. Opinions of students, presidents of these schools, and citizens are surveyed about removal of fence. In the basis of this result, we deduce problems followed by removing the fence, and reflect it in the plan of opening the fence to present the guidance to cross over the functional limitation of the fence and use it as a open space.

Production Cost Analysis of Leaf tobacco farm Households (잎담배 재배농가의 생산비 분석)

  • Kim, Jai-Hong;Kang, Il-Tack
    • Korean Journal of Agricultural Science
    • /
    • v.31 no.2
    • /
    • pp.149-160
    • /
    • 2004
  • This study had carried out an analysis of leaf tobacco production cost by cost items, growing stages, and farm sizes per 10a to provide the basic data for determination of the purchasing price of leaf tobacco by KT&G. Considering the survey results of 12 tobacco farm households, the composition rates of production cost by items revealed as 7-10% for land service, 5-22% for depreciation, 13-25% for material costs, 50-65% for labour cost respectively. The production cost of leaf tobacco by growing stages were shown as 15.3% in nursery bed period, 32.3% in main growing period in field, 30.8% in harvesting period and 21.6% in packing period. The magnitude of wage expenditure was appeared as harvesting stage, packing stage, growing stage on main field and nursery bed stage in order. The amount of material costs were revealed as the growing stage in main field, harvesting stage, nursery bed stage and packing stage respectively. The production costs of leaf tobacco per 10a by farm sizes were shown as 1,615,879won for small farm, 1,446,896won for medium farm and 1,454,408won for large farm respectively. The production cost of leaf tobacco had shown decreasing tendency according to increasing farm sizes. To promote the international market competitiveness of leaf tobacco producing farms, labour saving production technologies and cost effective farm size to decrease tobacco production cost should be developed.

  • PDF

The Impacts of the Traffic Demand Management Policies across the Different Income Classes in Seoul (교통수요관리정책의 소득계층별 효과 분석)

  • 이번송;이의섭
    • Journal of Korean Society of Transportation
    • /
    • v.14 no.1
    • /
    • pp.7-27
    • /
    • 1996
  • It is very costly to construct transportation facilities such as roads, bridges, tunnels, and public parking lots mainly because land price is very high in metropolis like Seoul. Private car oweners use these facilities more extensively than public transportation users. However, the government does not impose proper charges for using these facilities. Such improper charge causes traffic congestion and then decreases social welfare in efficiency and equity. To solve problem, many traffic demand management policies are used. Traffic management policies which are currently used or under consideration by the City Government of Seoul include the imposition of road tolls, increase of parking fees in public parking lots, increase of gasoline taxes, expanded implementation of bus only lanes, and shippujae, which requires one(1) non-driving day for 10 calendar days. This study examined the impacts of such policies on the different income classes using simulation analysis. We found that the impacts of market-oriented policies such as the imposition of road tolls and the increase of gasoline taxes is regressive. Also, we found that while the low and middle income private car users have incentive have incentive for public transportation use, the high income private car users have no incentive for public transportation use in many cases.

  • PDF

The Contemporary Metal Urns : Art and Symbolism (현대 금속 골호작품의 조형적 특징과 상징적 의미 연구)

  • Ahn Myung-Sun
    • Journal of Science of Art and Design
    • /
    • v.6
    • /
    • pp.226-248
    • /
    • 2004
  • The researcher has tried to develop the aesthetic value of the art and the function of metalwork in conjunction with our daily life. especially has been eager to develop the new possibility of metal urns through the investigation of ordinary metalwork. Funeral urns are vessels to fill the ashes of bodies. As the social issues, including problems of restricted land territory and environmental pollution are awakening, many people are much concerned about the use of urns in recent days. Although social concerns about cremation and urns are getting high, most urns in Korea have been made of ceramic and stone. The shape of old urns are pot style with lids, and their color is simple white or jade green. Moreover, old urns are expensive, unpractical, simple, and furthermore, the feature of urns has not preserved the sense of beauty. In this context, we have narrow choices to select urns, and it has been difficult for us to be familiar with the old-style urns. Therefore, the need for developing metal urns are necessary as the increase of public concerns towards cremation is widely spreading. As it is well known, metal is not only regarded as hard, antibacterial, pro-environmental material , but also regarded as good substance for urns. Metal is also suitable for making urns because of metal's characteristics of easy processing, mass production, and cheap price. The researcher has been tried to find the possibility of art of metalwork through the dissemination of metal urns to the public. The researcher has also attempted to represent the characteristics and symbolic implications of contemporary metal urns for ordinary people to adopt metal urns as their 'Rite Haven'.

  • PDF

A Study on the Shroud, according to Change of Mourning & Funeral Custom (상장례문화의 변화에 따른 수의연구)

  • 이민주
    • The Research Journal of the Costume Culture
    • /
    • v.8 no.6
    • /
    • pp.887-898
    • /
    • 2000
  • Mourning & funeral ritual means a various kinds of ritual procedures which begins at the time of death, buried and created a graveyard, a manner of wearing funeral garment being mourning the death, finally go back to everyday life. Our mourning & funeral custom was burial at first time. After going through the era of the Three kingdoms, The unified Shilla and Korea dynasty, cremation method has been prevailed. However, based on Chu-tzu celebration in Chosun dynasty, the burial custom has been widely spread again. Nowadays, due to effective land utilization issue, excessive cost for burial and the change of thinking for cremation, the cremation is recognized as remedy of righteous funeral system. At this point, a shroud following existing burial custom burdens considerably for quality, price, size and design of it. Accordingly, it needs anew style of shroud corresponding to cremation system. As an alternative, the shroud is required simplification and standardization ; Firstly, in size, a shroud should be larger than plain clothes and differentiated in small, medium and large. Secondly, the material of a shroud would be white cotton, which can keep from pollution during burning time. Thirdly, it unifies the item. In case of man, 바지(把特, those are trousers), 저고리(赤古里, Korean-style jacket) and Durumagi(周衣, Korean topcoat). In case of woman, 치마(赤 , those are skirt), 저고리(赤古里, Koran-style jacket) and Durumagi(周衣, Korean topcoat).

  • PDF