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학술저널
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한국부동산분석학회 부동산학연구 부동산학연구 제20권 제2호
발행연도
2014.1
수록면
5 - 16 (12page)

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Recent increase of rental housing price seems to be the results of a variety of factors such as macroeconomic conditions, relationship with housing sale markets, and housing demands and supply factors. The purpose of this study is to investigate factors which influence the increase of rental housing price in Seoul Metropolitan Area. The research found that there is a strong relationship between the increase of rental housing price and the trend of housing sale markets. The demand for rental housing is increased when the housing sale market falls. Supply of permanent rental housing helps to make rental housing price stable. In addition, a negative relationship was found between family income and the increase of rental housing price. On the other hand, the quantity of housing supplied or housing supply ratio has no relationship with the increase of rental housing price. Hence, it seems that the total housing supply is not related with rental housing supply any more. From this study, it is suggested that rental housing including permanent rental housing should be continuously supplied in Seoul Metropolitan Area. In addition, government policies need to be implemented for stable housing sale markets.

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