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The Effects of Redevelopment Methods on the New Apartment Prices in Daegu Metropolitan City
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대구의 기성시가지 재개발방식이 아파트 분양가격에 미치는 효과

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Type
Academic journal
Author
Chun, Kyung-Ku (대구대학교) Park, Keum-Joon (대구대학교)
Journal
The Korean Regional Development Association Journal of The Korean Regional Development Association Vol.20 No.1 KCI Accredited Journals
Published
2008.3
Pages
19 - 38 (20page)

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The Effects of Redevelopment Methods on the New Apartment Prices in Daegu Metropolitan City
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Abstract· Keywords

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The problem of rapid increases in the prices of new apartments has been one of the controversial issues in Korea. The problem has given to the price control policy for new apartments since 2007. There has been a variety of studies on the causes of the rapid increases in the prices of new apartments. However, this study argues that the phenomenon may be related with the redevelopment methods of the old urban areas. This study examines the effects of redevelopment methods on the new apartment prices based on the Box-Cox regression model. The regression analysis controlling for other important variables indicates that the prices of apartments constructed by housing construction company are higher than those of redevelopment apartments initiated by residents and public corporations. Also, this paper shows that the housing construction company has been the most important source of apartment supply. It implies that the variable of redevelopment methods is a significant factor which may affect the prices of new apartments. Based on the analysis, this article discusses the policy instruments which may reduce the rapid increases in the prices of new apartments. In particular this article argues that the vertical integration, corrections of real estate market failure, involvements of public coporation in housing redevelopment are important policy tools to alleviate the rapid price increases of new apartment. Also, it is argued that the regulations imposed on the redevelopment apartments by residents should be removed.
#아파트 분양가(New Apartment Price) #분양가 상한제(Price Control) #민영주택사업(Apartment by Housing Construction Company) #재건축사업(Housing Redevelopment) #수직분화(Vertical Disintegration)

Contents

Abstract
1. 서론
2. 이론적 배경
3. 실증분석
4. 정책적 함의
5. 결론
참고문헌

References (15)

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1. [학술지(정기간행물)] - 고동희 / 2000 / 결합의 효과에 대한 분석 / 산업조직연구 8 (1) : 103 ~ 131 google schola 2. [단행본] - 권오현 / 2004 / 건설산업의 사업타당성조사ㆍ분석 실태연구 / 한국건설산업연구원 google schola 3. [단행본] - 김현아 / 2004 / 아파트 분양가격의 상승원인과 가격결정구조분석 / 한국건설산업연구원 google schola 4. [단행본] - 김호철 / 2004 / 도시 및 주거환경정비론 / 지샘 google schola 5. [학위논문] - 박금준 / 2005 / 기성시가지 아파트 개발사업의 분양가격 결정구조에 관한 연구 / 박사 / 대구대학교 대학원 google schola

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