• Title/Summary/Keyword: Speculation

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ANALYZING THE EFFECT OF THE RESIDENCE AND REAL ESTATE POLICIES ON HOUSING PRICE

  • Jin-Ho Noh;Jae-jun Kim;Sun-Sik Kim;Eun-Jin Ahn;Hye-In Lee;Yoon-Sun Lee
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.490-497
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    • 2007
  • Since the foreign currency crisis, Korean economy has suffered recession and the government launches residence and real estate policy in order to increase the demand and trade of real estate and to help the economy revitalization. 1 As a result, the rate of economy growth is shown the high increase with the figure of 10.9% in 1999 and 8.8% in 2000. However, it brings overheating market as a negative effect. Although, the government established the policy for the control of speculation, the policy causes instability of economy. This study is to analyze the effect between the residence policy and the housing cost since the foreign currency crisis through housing sale price estimation and housing lease price estimation and is to apply the basis data of the next residence policy.

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KOREAN REAL ESTATE MARKET AND BOOSTING POLICIES : FOCUSING ON MORTGAGE LOANS

  • Sungjoo Hwang;Moonseo Park;Hyun-Soo Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1015-1022
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    • 2009
  • Currently, Korean real estate market has experienced cooling down of the business because of the global economic crisis which resulted from the subprime mortgage lending practice. In response, the Korean government has enforced various policies at the base of deregulating real estate speculation, such as increasing Loan to value ratio (LTV) in order to stimulate housing demand and supply. However, these policies seemed to result in deep confusion in the Korean housing market. Furthermore, analysis for housing market forecasting, especially international financial crisis on Korean real estate market, has been partial and fragmentary, therefore comprehensive solution and systematical approach is required to analyze the real estate and real estate financial market including causal nexus between market determining factors. In an integrated point of view, applying the system dynamics modeling, the paper aims at proposing Korean Real Estate and Mortgage market dynamics models based on fundamental principles of housing market determined by supply and demand. We also find the impact of deregulation policies focusing on mortgage loan which is the main factors of policies.

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Image Expression of Disclosure in Le Corbusier's late Architecture (르 꼬르뷔제 후기 건축의 '탈은폐적 이미지 표출')

  • Lee, Seung-Heon
    • Journal of the Regional Association of Architectural Institute of Korea
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    • v.9 no.3
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    • pp.1-8
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    • 2007
  • Heidegger's speculation on "Disclosure" makes it possible to know on image expression fundamentally. "Disclosure" means that the 'earth' and the 'world' are not fixed into one, but harmonize dynamically with each other under continuous mutual tension and mutual support. When they are well-weaved with each other, the two ways are collectively defined as "disclosure Image". In regard to the technique, the study analyzed 'allegory' and 'reactivation'. The former refers to showing image potentially, while the latter means embodying and revealing image apparently. Le Corbusier's late Architecture provides a simultaneous reactivation of various images through continuous cross-weaving rather than being inclined to either the earth or the world.

Prediction of Long-Term Carbonation Depth by Measurement of the Air Permeability Coefficient of Coating on Concrete (콘크리트에 도포된 도막의 투기계수 측정을 통한 장기 중성화 깊이 예측)

  • Park, Dong-Cheon;Nam, Min-Seok;Kim, Yong-Ro;Ko, Hyo-Jin;Ryu, Dong-Woo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.113-114
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    • 2023
  • This study measured the thickness and speculation coefficient of the coating for existing buildings and calculated the diffusion coefficient of the coating to predict the depth of carbonation through numerical analysis in order to evaluate the impact of the external finish and local environment. As a result, it was possible to predict the short-term and long-term carbonation depth of reinforced concrete buildings coated with coating film with considerable reliability.

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The Effects of the Fun Factor and Immersion of marine Sports on Leisure Satisfaction (해양스포츠 참가자의 재미요인과 몰입이 여가만족에 미치는 영향)

  • Jang, Jae-Yong;Kwon, Oh-Ryun;Kang, Shin-Beum
    • Journal of Navigation and Port Research
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    • v.37 no.1
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    • pp.101-111
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    • 2013
  • The following study holds its purpose on verifying primary fun factors of participation and satisfaction on marine sports. The results are: 1)The efficiency, effectiveness of exercise, self-satisfaction, and family support turned out to be higher in the group with longer and higher period, time, and frequency of participation than those of the control group. 2) The period of participation, speculation on engagement according to the frequency, and behavioral factors were shown to be higher in the group with longer and higher period, time, and frequency of participation than those of the control group. 3) Satisfaction on leisure on social, physical, emotional, and educational means were higher in the group with longer and higher period, time, and frequency of participation than those of the control group. 4) The fun factors of marine sports- self-satisfaction, effectiveness of excercise, efficiency, and family support- had a positive effect on increasing satisfaction in leisure. 5) The fun factors of marine sports- effectiveness of excercise, self-satisfaction, and family support- had a positive effect on increasing satisfaction in leisure. 6) The speculation of engagement in sports and the reinforcement of engagement had a positive effect on increasing satisfaction of leisure.

The Effect of Macroeconomic and Real Estate Policies on Seoul's Apartment Prices (거시경제와 부동산정책이 서울 아파트가격에 미치는 영향 연구)

  • Bae, Jong-Chan;Chung, Jae-Ho
    • Land and Housing Review
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    • v.12 no.4
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    • pp.41-59
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    • 2021
  • This study reviews theoretical considerations and past studies about real estate prices, macroeconomic variables, and real estate policies. Monthly data from January 2003 to June 2021 are used, and a VEC model, the most widely used multivariate time series analysis method, is employed for analysis. Through the model, the effects of macroeconomic variables and real estate regulatory policies on real estate prices in Seoul are analyzed. Findings are summarized as follows. First, macroeconomic variables such as money supply and interest rates do not have a significant impact on Seoul's apartment prices. Due to the high demand for housing and insufficient supply, there is a demand for buying a home regardless of macroeconomic booms or recessions. Second, tax and financial regulatory policies have an initial impact on the rise in apartment prices in Seoul, and their influence diminishes over time. Third, anti-speculation zones are expected to decrease apartment prices through the suppression of demand. However, these zones cause a rise in apartment prices. This could be understood as a lock-in effect due to the strengthening of capital gains tax. Fourth, the price ceiling did not decrease apartment prices. These findings propose that, in Seoul, where demand is high and supply is insufficient, the supply of high-quality and sufficient housing should be prioritized over various regulations such as tax regulations, financial regulations, anti-speculation zones, and price caps. Moreover, the findings provide an implication that city-specific real estate policies should be implemented for Seoul rather than regulation-oriented approaches in public policy.

Effect of Postpneumonectomy Empyema on Survival of Patients with Bronchogenic Carcinoma -4 Cases Report- (폐암환자의 전폐절제술후 발생한 농흉 치험 4예)

  • 김종호
    • Journal of Chest Surgery
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    • v.13 no.3
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    • pp.285-291
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    • 1980
  • Post pneumonectomy empyema either with bronchopleural fistula or without bronchopleural fistula is an infrequent postoperative complication, but very serious and critical problem. But it is of some interest that the development of a postoperative empyema following resection for carcinoma of the lung might have a favorable effect on the survival of patients in recent speculation of the literature. We have experienced 4 cases of postoperative empyema following pneumonectomy for carcinoma of the lung at department of chest surgery, Yon Sei University, medical college during 11 years from Jan. 1968 to June 1980. Histologically, 3 cases were demonstrated squamous cell carcinoma except one oat cell carcinoma. Onset of postoperative empyema occurred over a wide range of time, from as early as the 5th postoperative day to insidious onset 6 months after pneumonectomy. The most common organisms isolated from the empyema cavities were staphylococcus aureus, pseudomonas aeruginosa and gram negative bacilli. All cases had a large number of organisms and more infections but not single infection. 2 out of 4 cases are treated with open pleural window drainage and irrigation with antibiotic`s solution 2 or 3 times per week by this time and postoperative general course is not eventful. One is alive to 2 years 3 months, another is alive to 8 years 11 months until now. And 2 out of 4 patients is survived over 4 years 10 months. Analysis of postoperative empyema complicating pneumonectomy for bronchogenic carcinoma revealed an increase in 4 year 10 months survival [50%].

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A Study of Urban Festival Guideline of Light Media Considering Personality Type of Preference on Media Arts (성격유형별 미디어 작품선호도 조사를 통한 도시의 빛 미디어 축제 가이드라인에 관한 연구)

  • Kim, Nam-Hyo;Kim, Kyu-Jeong
    • Korean Institute of Interior Design Journal
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    • v.20 no.6
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    • pp.282-290
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    • 2011
  • The public festival has a positive function to produce more pleasure and better life to urban residents on viewpoint of culture marketing. A research of relation between urban festival's media light environmental and personality type of audiences would give a design guide line on selection of festival media contents. The scope of study festival bounds three urban fesitvals from two thousand eight to two thousand ten. The personaliy indicator is used by self-mootioring scale called NEO-PI-R that Synyder, psychologist established in 1987. This indicator divides into five classes - N: Neutroticism, E: Extaversoon, O: Openness, A: Agreeableness, C: Conscientiousness. As a result, Anaysis of urban festival's media light environments considering five personality type of audiences are described, N type prefers the change a lot and low stability. E type prefers three dimensional video and dynamic production with passionate pressure. O type prefers radiates objects to promote the imaginative creatures with speculation. A type prefers contemplation arts with one way direction. C type prefers orderly art layout with accomplishing intention. The statistics datas anaynize ten factors to describe the urban complicated fesitival guide line clearly.

Glycoproteins Contained within Soamsan, a Traditional Oriental Medicine, are the Main Class of Active Ingredients Responsible for the Medicine-induced Immune Stimulation

  • Lee, Jeong-Chae;Lee, Kyung-Yeol;Jung, Ha-Na;Kim, Jae-Gon;Jang, Yong-Suk
    • BMB Reports
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    • v.38 no.2
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    • pp.253-257
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    • 2005
  • In our previous study, Soamsan, a traditional Oriental medicine, was shown to enhance the induction of antigen-specific immune responses, and it was speculated that the enhancing activity might be closely associated with glycoproteins contained within the medicine. To elucidate this speculation, protein samples from each component, used in the preparation of Soamsan, were obtained and their immune stimulating activities were tested with mouse splenocytes. All the samples markedly enhanced the lymphocyte proliferation and cytokine secretion by the mouse splenocytes. In particular, the enhancement was significantly higher with the protein sample treatments than with those of the original crude sample. Furthermore, the pronase E- and $NaIO_4$-mediated inhibition of splenocyte-stimulation activity of the protein samples clearly supported that glycoproteins are the main class of active ingredients responsible for the lymphocyte stimulating activity of the samples. Consequently, our findings suggest that glycoproteins might have a pivotal role in Soamsan-mediated immune modulation, although the in vivo effect of the glycoproteins should be further elucidated.

A study on manufacturing technologies of the large-sized jar-coffins exhumed mainly in the Young San river area (대형옹관의 제작기법 연구-영산강유역 출토 옹관을 중심으로)

  • Yang, Pil-Seung;Park, Chul-Won
    • 보존과학연구
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    • s.26
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    • pp.57-75
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    • 2005
  • The burial custom in the Youngsan river area was to build a jar-coffin and lay the body in state, however the methods in building and moulding the massive jar, as well as in which kiln it was made has not been examined precisely. Thus, this research not only investigates previous results related to the manufacturing methods of massive jar-coffins, but also examines samples that were excavated and collected. The clay used to produce jar-coffin consists a large portion of unglazed qualities, which was split-moulded from the bottom up to the mouth area. The interior was finished by applying water, whereas the exterior was decorated by regularly pasting or stamping in parallel with a lattice design. It can be presumed that the finished jar-coffin was not moved, but the ceiling and walls were built around it as a kiln, for the jar-coffin to be oxidized or to reduce the flame condition in a temperature approximately $700~1,200^{\circ}C$The results from the research, however, show limitations to exploit the exact manufacturing method, therefore there is a need for in-depth examinations: mineralogical investigation on a large amount of jar-coffin samples through a polarized light microscope; substance analysis using various equipments; speculation on the temperature in the place of production and the flame inside.

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