• Title/Summary/Keyword: housing policy

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Influence of Liquidity on the Housing Market before and after Macroeconomic Fluctuations (거시경제변동 전후 유동성이 주택시장에 미치는 영향 분석)

  • Lee, Young-Hoon;Kim, Jae-Jun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.5
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    • pp.116-124
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    • 2016
  • In the past, once apartments were built by housing construction companies, their presale went smoothly. Therefore, the developer and construction companies in Korea were extremely competitive in the housing market. However, when the 1997 foreign exchange crisis and 2008 global financial crisis occurred, the quantity of unsold new housing stocks rapidly increased, which caused construction companies to experience a serious liquidity crisis. This paper aims at analyzing the influence of Liquidity on the Housing Market before and after Macroeconomic Fluctuations using VECM. The periods from September 2001 to September 2008 and from October 2008 to October 2015, which were before and after the Subprime financial crisis, were set as Models 1 and 2, respectively. The results are as follows. First, it is important to develop a long-term policy for the housing transaction market to improve household incomes. Second, due to the shortage in the supply of jeonse housing, structural changes in the housing market have appeared. Thus, it is necessary to seek political measures to minimize the impact of transitional changes on the market.

The Contribution of Home Management Research to Society -Focusing on evaluation of practical characteristics of the research- (가정관리 분야연구의 사회적 기여 -실천 학문적 특성평가를 중심으로-)

  • 박명희
    • Journal of Families and Better Life
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    • v.18 no.1
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    • pp.185-202
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    • 2000
  • The purpose of this study is to examine how Home Management era has contributed to social development in this country. For this purpose several famous research Hournals related Home Management era -Korean Journal of Home Economics(1980-1999) Journal of Korean Home Management(1983-1999) Journal of Child Development (1990-1999) Journal of Rarmily Resource Management (1996-1999) Jornal of Family Relations(1996-1999) -were analysed. On this study the evaluating criteria of the research were focused to 1) The outcome of the research can provide proper information and help for general home and families\ulcorner 2) The outcome of the research can provide the proper and helpful information for government policy of family related\ulcorner Among 2820 papers only 10% of them(partially child development era 49 family related era 68 family resource management 64 consumer related 46 and housing related 53 were selected. Conclusionally we have to have more attention to the research topics for policy oriente and helpful for welfare policy for family. For that we need to have more integrated perspectivwe for Home Management era.

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A Study on the Family Support System and Alternative Policies for Work-Life Balance (일-생활 균형을 위한 가족지원체계와 정책대안에 관한 연구)

  • Jeong, Young-Keum;Kim, Hee-Hyung
    • Journal of the Korean Home Economics Association
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    • v.47 no.6
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    • pp.109-120
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    • 2009
  • The purpose of this study is to construct the family support system and suggest various policies for work-life balance to create the family-friendly society. For this purpose, this study showed the theoretical background for constitution of integrated family support system-community, government and business. Especially, this study emphasized that family-centered viewpoint to the policy is needed and that support for worklife balance not work-family balance should be enlarged. Various policies were suggested in three parts and the role of community was emphasized. Finally, this study presented the necessity of laws and committee for work-life balance and role of healthy family-support center for work-life balance.

The Analysis of the Current Conditions of and Suggestions for Family Friendly Support Services (가족친화지원사업의 시행현황과 개선방안)

  • Jeong, Young-Keum;Cho, Seong-Eun;Ahn, Jae-Hee;Kim, Ji-Su
    • Journal of Families and Better Life
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    • v.31 no.4
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    • pp.83-96
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    • 2013
  • This study aims to suggest the alternative policies and practices which policy makers can introduce and enlarge for work-family balance of employees. For purpose, this study analyzed the regulation of work time and parental leave benefits of employees. And the results of major projects in family friendly support services were examined. Based on these assessment, this study suggested various flexible work arrangements, papa's quota system in parental leaves, various family leaves for family care, establishment of FFSC in every metropolitan area, diversification of consulting project, and enlarging of certification project on family friendly workplace.

The Analysis about Factors Affecting of Extinction Risk in Fishing Village (어촌 소멸위험의 영향 요인 분석)

  • Lee, Seo-Gu;Kim, Jung-Tae
    • The Journal of Fisheries Business Administration
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    • v.51 no.1
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    • pp.67-79
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    • 2020
  • The purpose of this study is to propose a policy improvement plan by analysis of the extinction risk factors reflecting the specificity of fishing villages, fishing village support policies, and settlement conditions of fishing villages as one of the solutions to the immediate problem of fishing village extinction. The results of the study show the higher the level of number of fishing ports, number of returning rural population, and housing diffusion rate, the dependent variable extinction risk index was a positive effect while vacant house ratio and aged house ratio was analyzed to be in was a negative (-) relationship with the dependent variable.The policy implications through this study were to prepare an effective policy to reduce the risk of extinction, to improve urgent settlement conditions, and to prepare a condition to convert returning rural population into fishery population.

The Variation of Industrial Location Demand by Changing Policy of Seoul Metropolitan Area (수도권 정책변화에 따른 산업입지 수요의 변동)

  • Lee, Hyeon-Joo;Kim, Mi-Suk
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.3
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    • pp.286-306
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    • 2011
  • Based on the announcement by the National Competitiveness Council in 2008, this study analyzed the direction of the changing policy in Seoul Metropolitan Area promoted by the current government and to inquire into such the effect, research was done to study the changes in space demand by companies which respond sensitively to changes in regulation in Seoul Metropolitan Area. In addition, the effect of Seoul Metropolitan Area policy on company location is explored while company location changes and changes in direction of space demand due to easing of regulation in Seoul Metropolitan Area by the current government are examined. Research methods utilized empirical analysis and survey analysis. Empirical analysis utilized statistical data since 1980's. For survey analysis, the effect of changing policy in Seoul Metropolitan Area, which is an exogenous shock, on decision making of the enterprise is considered to derive the direction of demand for company manufacturing lots. The results of the study showed that decision for company location or factory size has been affected greatly by Seoul Metropolitan Area policy and domain regulation and institution to restrict permission area of a manufacturing building from the law of improvement plan of the Metropolitan area were the biggest regulatory policies. Due to easing of regulation in Seoul Metropolitan Area by the current government, the demand for manufacturing lot is expected to increase. In particular, the demand for manufacturing lot is expected to increase centered around Seoul Metropolitan Area and Chungcheong province while demand is expected to decrease in Gangwon province. The reason is because company preference is high for the Seoul Metropolitan Area which has the best transportation/logistics and market conditions in Korea. But in the case of Southeast region and Daegyung region that form exclusive economic zones, changing policy in Seoul Metropolitan Area has little impact. In the case of Seoul Metropolitan Area, demand increase does not occur in the entire area but instead, demand is expected to increase in growth management zones.

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A Study on Determinants for Apartment Remodeling in Seoul Metropolitan Area (아파트 리모델링을 위한 의사결정 요인에 관한 연구 - 서울 및 경기 수도권을 중심으로 -)

  • Cho, Yongkyung;Lee, Jaewon;Lee, Sangyoub
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.6
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    • pp.57-65
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    • 2019
  • If aging apartments are left unimproved through remodeling, the city will be eventually slum. As the government recognizes remodeling as an alternative to reconstruction, the law has been revised mainly to increase the housing area, increase the number of house and allow the vertical extension for making remodeling costs. However, the remodeling is still not activated yet in the market. Therefore, this study analyzes the decision factors of apartment remodeling in Seoul metropolitan area based on Heckman two-stage analysis considering sampling error. Research findings indicate that the decision for remodeling is determined by the characteristics of the household, housing, and time-lapse variables. And also the number of household members, net assets, housing satisfaction, the 11-20, 21-30, and more than 30 years of building are identified as the significant variables as a result of remodeling choice probability analysis. It is noteworthy that the significant variables from then remodeling cost analysis are net assets, area, more than 30 years of building, and unit housing price. It is also notable that the policy, which extend the housing area to cover remodeling cost, are not actually effective to activate the remodeling, and the age in the case of elderly people in Seoul and Gyeonggi-do who are expected to have high net assets and income is not significant variables. This study is expected to provide more objective and reliable implication to the policy makers, the home owner and the investors on the decision making process related to the remodeling project.

Effects of Real Estate Policy on Apartment Price Index in Seoul (부동산 정책에 따른 서울시 아파트 가격지수 변화방향에 대한 연구)

  • Lee, Song-Hee;Lee, Hyun-Jeong
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2011.04a
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    • pp.285-289
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    • 2011
  • he purpose of this study is to assess the effects of real estate policy on apartment price index in Seoul. To meet the research goal, this research reviewed real estate policy of the government from January of 1986 to August of 2010, and then it collected monthly apartment price index in 25 local districts of Seoul from January of 2003 to August of 2010. After 25 districts were grouped into 2 areas (14 districts in Gangnam and 11 districts in Gangbuk), the data of two areas were analyzed by using the SAS program, Cluster analysis with Ward method showed 3 clusters on each area, and with 6 clusters in total, the effects of real estate policy in the period were examined by using residual analysis. The analysis indicated two major shocks (one was from May to October of 2003, and the other was from March of 2006 to January of 2007), and the results showed that the intervention of government in the market had the asymmetric effects in bullish and bearish times. It implies that the market volatility is substantially influenced by irrational sentiments. Thus, it's suggested to devise the consumer sentiment index suitable in real estate market.

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A Study on the Condominium Management Policy of the Local Government in Japan

  • Kim, Jung-In;Kajiura Tsuneo
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2002.11a
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    • pp.279-285
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    • 2002
  • Condominium management ask for planning ability and special knowledge in order to solve the troubles of a condominium. But not all HOA have that ability or knowledge, so administration support to condominium management came to be given to HOA. In this study, we divided the administration policies on condominium management as follows;$\circled1$instruction about an advertisement and a contract$\circled2$instruction about management$\circled3$instruction about maintenance $\circled4$ instruction by the local government $\circled5$ legislation about condominium management. The condominium management policy has been almost programmed by the state, such as legal amendments to laws and advises by administrative inspection. But these condominium management policies by the state have limitations to support HOA appropriately, so correspondence of the local government is called for, On the other hand, in the local governments, grasp basic contents for execution to the condominium management policy, an information of offering and consultation has been started. And system that suits the situation and the characteristic of each district was provided. However it could not say that we grasp the tendency of the condominium management policies wholly of the local governments, so it remains as a subject because it is not long since condominium management policies of the local government started, and we picked up only metropolis in this study. In the future, it is necessary to search on the consciousness of a resident and the HOA about the condominium management policy, and make out the data which can be reflected in policy deployment in the local governments from now on. * HOA ‥‥ Home Owners Association

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Comparative Analysis of domestic and foreign Convenience Facilities Laws for the Barrier-free Environment Construction (무장애 생활환경 구축을 위한 국내외 편의시설 관련법 비교분석)

  • Yun, Young-Sam;Kang, Byoung-Keun;Seong, Ki-Chang
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.16 no.2
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    • pp.29-36
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    • 2010
  • Recently, the system that can eliminate discrimination and barrier to disabled, ensure the substantial independence of disabled and help participation in community of disabled is required. Therefore, the purpose of this study is 'construction of the Barrier-free environment' which members of societies included the disabled can live safely in the daily living environment. To achieve this result, this study is shown establishment and complementary direction of the policy related convenient facilities by comparing between domestic and international policy of the convenient facilities. The results of this study are as follows; Firstly, among the conflicting part between related laws and design standards shold be constantly supplemented. Secondly, policy to promote convenient in residential part is needed. Thirdly, composition of the organization that can support professional housing reconstruction is required. Fourthly, from early stage of policy making, not only opinion reflection of users but also maintenance of convenient facilities, continuous maintenance plan and making a policy for verification system is needed. Finally, when the revision of the existing policies or new policies undergo, 'Barrier-free perspective' should be considered.