• Title/Summary/Keyword: Young renter households

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Comparisons of Young Renter Households' Housing Situation by Locations Reflected in the 2012 Korea Housing Survey (2012년 주거실태조사에 나타난 청년 임차가구의 지역별 주거 실태 비교)

  • Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.26 no.1
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    • pp.81-90
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    • 2015
  • The purpose of this study was to investigate housing characteristics of young renter households by locations using licensed microdata of the 2012 Korea Housing Survey. There were 1,020,216 renter households (weighted count) headed by persons between 20 and 34 years of age, and their housing characteristics were compared statistically across their residential locations (Capital Region, metropolitan cities, other areas). Major findings are as follows: (1) Capital Region young renters had the worst housing quality to have the greatest proportion of households living in units failed to meet national minimum housing standards, and/or in basement or semi-basement units; (2) Capital Region young renters had the greatest proportion of households that had housing cost burdens; and (3) 37.3% of young renter households in metropolitan areas and 33.5% in Capital Region were found to receive family support in order to afford current rental costs.

Determinants of Family Supports for Young Renter Households

  • Park, Jung-a;Lee, Hyun-Jeong
    • International Journal of Human Ecology
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    • v.16 no.2
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    • pp.21-31
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    • 2015
  • This study explored determinants of family support that young renter households received to afford their housing costs. Microdata set of the 2014 Korea Housing Survey was used as secondary data for the study. Total 1,752,899 households headed by persons between 20 and 34 years of age and whose rental type was either Jeon-se or monthly rental with deposit in private rental units were selected as study subjects. For the data analysis, a series of discriminant analysis was conducted using IBM SPSS 21.0. Major findings were as follows. (1) Among the subjects, 28.2% were found to receive financial support from parents or other relatives. (2) To see the discriminant analysis results, a linear combination of seven household and housing characteristics (householder's gender, whether or not the householder worked in the previous week, whether or not the householders have a spouse, tenure type, structure type, location and deposit amount) could explain 44.6% of variance in young renter households' receipt of family support with a prediction accuracy of 77.2%. (3) To summarize the final discriminant model, Jeon-se renter households in location other than Incheon or Gyeonggi Province living in a unit in structure other than multifamily structure headed by younger householders that did not worked previous week or without spouse; with a greater deposit had the maximum tendency to receive family support to pay rental costs.

Influences on the Housing Satisfaction of Middle-Aged Households Reflected in the Korea Housing Survey 2021 (2021년 주거실태조사에 나타난 중년 임차가구의 주거만족도 영향요인)

  • Hyun-Jeong Lee
    • Human Ecology Research
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    • v.61 no.3
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    • pp.375-387
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    • 2023
  • In research on housing welfare policy, there has been little interest in middle-aged households compared with young or elderly households. The purpose of this study was to explore influences on the housing satisfaction of middle-aged renter households using microdata from the Korea Housing Survey 2021. A statistical analysis of data was performed on a total of 2,709,152 middle-aged (aged between 40 and 64 years) Jeonse (lumpsum housing lease) renters and monthly renters with deposits, living in private rental housing units. The major findings were as follows. Firstly, there were significant differences in housing unit satisfaction and residential environment satisfaction among renter groups by age and rental type. Early-middle-aged Jeonse renters displayed the highest satisfaction with both housing units and the residential environment, while semielderly monthly renters with deposits displayed the lowest satisfaction. Secondly, living in aged structures or in apartment units exerted the strongest influences on housing satisfaction, which implies the need for residential area regeneration programs that consider the situation of rental households. Thirdly, living in Incheon and Gyeonggi-do was found to have a negative influence on housing satisfaction. Fourthly, upward filtering on tenure types or lease renewal of the current house did not necessarily have a positive influence on the housing satisfaction of middle-aged renters. Based on the findings, suggestions were made to improve the housing situation of middle-aged renter households.

Housing Costs of Beginning-stage Career Young Renters in Seoul Metropolitan Area (수도권 사회진출초기 임차자의 주거비 실태)

  • Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.26 no.1
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    • pp.71-79
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    • 2015
  • This study was aimed to explore housing costs and housing cost burdens of early-career young renter households in Seoul Metropolitan area. Between March 10 and April 24, 2014, an online questionnaire survey was conducted to young professionals in Seoul Metropolitan area living apart from their parents. Among the responses collected, this study analyzed 476 useable responses from renter households. Major findings were as follows: (1) Jeon-se renters' deposit was average 2.24 times their annual income; deposit of monthly renters with deposit was average 6.7 times their monthly income and their monthly rent was 18.6 percent of their monthly income; and monthly rent of monthly renters without deposit was about 23 percent of their monthly income; (2) thirty percent of the respondents were found to have housing cost burden paying 25 percent or more of their income for rental costs; and (3) about 55 percent received parental supports to pay current housing costs. The study findings implies that it is critical to extend provision of affordable housing units with small or no deposit for beginning-stage professionals.

Young Single-Person Renter Households' Housing Situation and Expectations in Relation to Family Support and Housing Cost Burden Reflected in the 2014 Korea Housing Survey (2014년도 주거실태조사에 나타난 청년 1인 임차가구의 가족 지원 및 주거비 부담에 따른 주거 실태 및 주거 기대)

  • Moon, So-Hee;Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.28 no.3
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    • pp.11-22
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    • 2017
  • This study explored housing situation and expectations of young (age between 20 and 34 years) single-person Jeon-se renters and monthly renters with deposit in relation with their family support and own housing cost burden status. Major findings from the analysis of 1,695,729 households were as follows: (1) Among subjects, 27.4% received family supports to pay their rent deposit, and 39.4% had more 'own housing cost burdens' to have housing costs minus the amount supported by their family be 30% or more of their income. (2) More than 11% were found to be 'more burdened' despite receipt of family supports. (3) Family support status was found to be related to formation of first-time households and tenure changes, while own housing cost burden was found to be related to current housing situation and previous and next housing size changes. (4) Households received family supports showed a greater proportion of first-time households or households experienced tenure upgrades. (5) 'Less burdened' households tended to expect housing size upgrade in their next move more positively. Based on the study findings, it was suggested to extend supply of rental housing and housing subsidy targeting young renters in conjunction with programs to encourage their savings.

Household and Housing Characteristics of Young Renters in South Korea in Relation to Housing Value Clusters (한국 청년 임차가구의 주거관 군집에 따른 가구 및 주거 특성)

  • Kwon, Hyun Joo;Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.26 no.6
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    • pp.43-52
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    • 2015
  • The purpose of this study was to explore housing value clusters of young renters in South Korea and their relationships to household and housing characteristics reflected in the 2012 Korea Housing Survey (KHS). The 2012 KHS microdata was used as secondary data. Among the households included in the microdata, 1,196,144 young renter households (between 20 and 34 years of age) in private rental units were analyzed. The main findings are as follows. Ten rating scale items measured housing values. Eight of them were grouped into three value factors: Investment, Affordability and Cost Increase. Using these three value factors and perception of homeownership, households were classified into four clusters: Prospective Home Investor, Settled Renter, Homeowner Wannabe, and Support Needed. The current tenure types, income and expectation for next tenure types of four housing value clusters of young renters reflected Korea's tenure ladder which has home ownership at top followed by Jeon-se rental, monthly rental with deposit and monthly rental without deposit. The households in Prospective Home Investor and Homeowner Wannabe clusters would consider home purchase in the near future. Finally, households in Support Needed Cluster would be the main target to consider in development and implementation of housing welfare policies and programs to resolve housing problems of young renters, including beginning-stage professionals.