• Journal of Distribution Science
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• v.12 no.4
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• pp.31-39
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• 2014

Purpose - This study investigates the following two issues. First, we attempt to find the important determinants of housing investment and to identify their significance rank using survey panel data. Recently, the expansion of global uncertainty in the real estate market has directly and indirectly influenced the Korean housing market; households demonstrate a sensitive reaction to changes in that market. Therefore, this study aims to draw conclusions from understanding how the impact of financial strength of the household is related to house investment. Second, we attempt to verify the effectiveness of diverse indices of financial strength such as DTI, LTV, and PIR as measures to monitor the housing market. In the continuous housing market recession after the global crisis, the government places top priority on residence stability. However, the government still imposes forceful restraints on indices of financial strength. We believe this study verifies the utility of these regulations when used in the housing market. Research design, data, and methodology - The data source for this study is the "National Survey of Tax and Benefit" from 2007 (1st) to 2011 (5th) by the Korea Institute of Public Finance. Based on this survey data, we use panel data of 3,838 households that have been surveyed continuously for 5 years. We sort the base variables according to relevance of house investment criteria using the decision tree model (DTM), which is the standard decision-making model for data-mining techniques. The DTM method is known as a powerful methodology to identify contributory variables for predictive power. In addition, we analyze how important explanatory variables and the financial strength index of households affect housing investment with the binary logistic multi-regressive model. Based on the analyses, we conclude that the financial strength index has a significant role in house investment demand. Results - The results of this research are as follows: 1) The determinants of housing investment are age, consumption expenditures, income, total assets, rent deposit, housing price, habits satisfaction, housing scale, number of household members, and debt related to housing. 2) The impact power of these determinants has changed more or less annually due to economic situations and housing market conditions. The level of consumption expenditure and income are the main determinants before 2009; however, the determinants of housing investment changed to indices of the financial strength of households, i.e., DTI, LTV, and PIR, after 2009. 3) Most of all, since 2009, housing loans has been a more important variable than the level of consumption in making housing market decisions. Conclusions - The results of this research show that sound financing of households has a stronger effect on housing investment than reduced consumption expenditures. At the same time, the key indices that must be monitored by the government under economic emergency conditions differ from those requiring monitoring under normal market conditions; therefore, political indices to encourage and promote the housing market must be divided based on market conditions.

• Journal of Korean Society of Disaster and Security
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• v.9 no.2
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• pp.43-52
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• 2016

Notwithstanding industrial accident decrease generally, Construction industry is on the rise recently. Most accident occurs in the small scale like as multiflex housing, remodeling, neighbourhood facility more than safety supervisor appointed large scale construction site. By the size of business place, 81.6% of total accident occurs mostly in small scale site that is bellow 120 billion won and 50 manpower. This paper aimed that small scale housing company achieve a zero hazard practising and understanding the safety adminstration standar d model easily and it applied firstly after investigating the operation condition of construction site safety control in small scale company propelling the complex style multiflex housing business.

• Land and Housing Review
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• v.14 no.2
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• pp.97-107
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• 2023

This study examined how to better provide quality temporary housing for people in the event of natural and social disasters. Design for Manufacture and Assembly (DfMA) is suitable for creating an efficient planning model for the mass production and transport of a modular house. The proposed DfMA model has the following three characteristics. First is the division of the modular house into service modules and functional modules and to create diversity by developing standard parts and multi-functional parts. Second is a flexible layout suitable for various site conditions. Such flexible layouts would allow identical homes to be mass produced and deployed to a variety of locations, both nationally and internationally. Third is to simplify and minimize the automation process with dry construction to increase production efficiency. Application of this DfMA design method can lead to reduced construction time and cost and improve housing quality.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.2
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• pp.653-659
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• 2014

Computer simulation has been performed to optimize cold forging process of automotive LPI fuel filter housing. A mold and the test product have been manufactured considering the strain and load distribution during the cold forging process. Also, fuel flow simulation has been performed to analyze flow characteristics of existing model and new model. Simulation result shows that two models have equivalent pressure drop. Compared with the mass of existing product, raw material reduction of 16 g and 30.5 g has been achieved from the upper and lower housing, respectively. Total mass reduction of the new housing was 46.5 g. Leak test and internal pressure test have been performed to verify the safety standard and test results were satisfactory.

• Land and Housing Review
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• v.14 no.1
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• pp.135-144
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• 2023

LH Corporation uses the construction waste disposal fee standard, of which the model was developed a long time ago. Therefore, this model is problematic because it needs to reflect waste treatment facilities' technological development and environmental conditions. In this study, the estimated manpower and costs required for the process operation of waste treatment facilities were analyzed, followed by the proposed estimation criteria. This improved standard model can be used as a cost calculation standard for the recycling and treatment of construction waste in public institutions. The study also suggests that an increase in waste treatment costs is needed.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.249-254
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• 2007

The main bodies of housing markets of today need to carry out a systematic and objective feasibility analysis even from the step of planning in order to succeed in a diverse and complex market environment. Therefore, it is meaningful to understand this housing market environment and propose a necessary model for the feasibility analysis of hosing business. In this vein, the aim of this study was to extract an actual and practical feasibility analysis factor and its importance for housing market, and then present and apply a feasibility analysis factor model to an on-site example, in order to verify the model's validity. For this, the investigator interviewed with and carried out a questionnaire survey of experts in housing development projects. Study findings are as follows:First, the feasibility analysis factor, derived in this study, could provide a ground to evaluate the feasibility of subject projects in the planning of development through an analysis index. Second, when feasibility is under the level of carrying out the projects, it is possible to reexamine the projects through extracting analysis factors of which points are under the standard and via a feedback process for improvable analysis factors. Therefore, the result of applying the feasibility analysis model of this study to actual housing development projects analytically shows that the model could provide a practical evaluation criterion to the person in charge of project development through an analysis index.

• 한국신재생에너지학회:학술대회논문집
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• 2009.06a
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• pp.561-564
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• 2009

In order to reduce damage from natural disasters, prevention activities through analysis and predicting based on meteorological factor and damage data is required. Other countries already have continuously studied on natural disasters and developed reducing disasters damage. But the risk assessment model for natural disaster is not to Korea. Therefore, a previous model of hurricane, Florida Public Hurricane Loss Model(FPHLM), is the basis and is applying to domestic situation. Accordingly, this study introduces the variables selecting process because input variables should be selected under Korea present state and be used. The estimating representative damage method would be necessary along with selecting housing types representing relevant areas because estimating damage amount of all over relevant areas housing was very hard during damage estimating process. But there is no exact representative housing types in the Korea. Therefore, we select housing types applicable to risk assessment model for natural disasters representing the Korea through previous studies and literature reviews. We using ASCE 7-98(Minimum Design Loads for Buildings and Other Structures, 1998) standard which estimated wind load using 3-second gust. ASCE 7-98 divided Main Wind Force Resistance System(MWFRS) and Component and Cladding(C&C) and it estimated wind load. Therefore, we estimate wind load affected by 3-second gust of a typhoon Maemi through calculating wind load process using selected representative detached house types in the process of selecting input variables for previous disaster predict model. The result of houses damage amount is about 230 hundred million won. This values are limit the 1-story detached dwelling, 19~29pyeong(62.81~95.56 $m^2$) of total area and flat roof. Therefore, this process is possible application to other type houses.

• Journal of the Korean Institute of Rural Architecture
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• v.14 no.1
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• pp.83-90
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• 2012

The purpose of this study was to set and analyze the standard model for prioritizing and deciding to take part in housing environment improvement project in the perspective of the public sector. The results of this study were as follows. The location competitiveness, potential demand, marketability and competitive price, etc were selected by assessment indicators. And Various indicators, including of the size of the area, public transportation, accessibility, convenience of living and the influx of the population, were used by weights indexes. The profit of local residents and the public promoter, variability of earnings, sensitivity analysis and the ratio of money in reserve, etc were also established as detailed indexes for the profitability and business risk analysis. To analyze the cash flow of the project process and review the necessary capital in advance, the payback, total working expenses, gearing ratio and sensitivity of a risk, etc were also set as additional detailed indexes. Lastly, considering it is quasi-public projects, the measure to protect tenants, necessity need of redevelopment and local government's will were additionally used by indexes. And Points were distributed on the importance of each index and scored out of 100. It will allow for the public project promoter to decide rationally whether to come in on the project. The public project promoter like the Korea Land and Housing Corporation will be able to make use of various indexes are based on this study to make decision whether joining the housing environment improvement project in depressed region.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2019.05a
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• pp.226-227
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• 2019

The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

• Journal of the Korean housing association
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• v.24 no.2
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• pp.77-87
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• 2013

Hanok is Korea's traditional housing. From the 1970s, the vast majority of citizens in urban areas have not lived in Hanok housing but an apartment. Consequently, many people no longer familiar with the experience of living in traditional Hanok. People who live in the environment of residential apartments eargle like new residential and pursue eco-friendly homes, health homes, espacially among the hanok was reassure potential. There have been many debate how Hanok housing can become more sustainable, yet keep characteristics of its identity. The purpose of this study is to examine the process by which traditional Hanoks and modern architecture can influence each other, how the popularization of modern homes was formed and this relationship with the new less popular Hanoks. Finally, We will exmine how old Hanok can be renovated into new, modern Hanoks. The subject areas are Seoul, Jeonju, and Chongju in early twentieth century; by discussing with upper-class Hanok to improve the general standard of most traditional Hanok.