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Analysis on the Determinant of Lease Types of Korean Household
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임차가구의 주거유형 결정요인 분석

논문 기본 정보

Type
Academic journal
Author
Bo-Young Kim (한국형사정책연구원 인턴연구원) Seo-Jin Ha (하나은행 하나금융경영연구소 수석연구원) Ro SeungHan (건국대학교)
Journal
건국대학교 부동산도시연구원 부동산·도시연구 부동산·도시연구 제13권 제2호 KCI Accredited Journals
Published
2021.1
Pages
93 - 111 (19page)

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Analysis on the Determinant of Lease Types of Korean Household
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Abstract· Keywords

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This study examines what affects the determinant of lease types (Jeonse or monthly rent) of Korean households. We employ the binary logistic regression to investigate the analysis in terms of the household, asset and income information using the Survey of Korean Household Finance and Welfare, in 2017 and 2019. We find that the lack of lease deposits significantly affect the choice of staying in monthly rent (not converting into Jeonse). Also, we find that the households who convert from Jeonse to monthly rent have significantly less lease deposits, lack of savings and less earned income. The results imply that households with less financial ability in terms of assets and incomes considerably results in staying in monthly rents as a lease type in South Korea.

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