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The Effect of Residential Environment on Housing Price Using GWR Model
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GWR모형을 이용한 주거환경이 주택가격에 미치는 영향 분석

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Type
Academic journal
Author
Chun Haejung (상명대학교) Kim Sun-A (상명대학교 일반대학원 부동산학과 박사과정) Yang Gun-Pil (상명대학교 일반대학원 부동산학과 박사과정)
Journal
한국부동산법학회 부동산법학 부동산법학 제25권 제1호 KCI Accredited Journals
Published
2021.1
Pages
135 - 151 (17page)

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The Effect of Residential Environment on Housing Price Using GWR Model
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The study empirically analyzed the residential environment affects the housing price by using OLS, SAR, SEM and GWR Model. The spatial scope was 2018, and the spatial range was 25 areas in Seoul. The independent variable was a House Price index and the dependent variables were residential environment, social and economic living environment. As a result of empirical analysis, the GWR model performed the most out of the four models when compared with the AIC evaluation criteria. As a result, most of the variables, such as the length of bike path, the number of medical institutions, the number of sports facilities, the amount of local taxes, the area of ​​the park give a positive (+) effect on the House Price Index. On the other hand, the number of basic livelihood security recipient gives negative (-) effect on the House Price Index.

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