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The Analysis of Housing Market and the Evaluation of Housing Policies on Lee Myung-bak's Government
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이명박정부의 주택시장 분석 및 정책 평가

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Type
Academic journal
Author
Journal
한국부동산학회 부동산학보 부동산학보 제50호 KCI Candidated Journals
Published
2012.1
Pages
194 - 205 (12page)

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The Analysis of Housing Market and the Evaluation of Housing Policies on Lee Myung-bak's Government
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1. CONTENTS (1) RESEARCH OBJECTIVES The problem of real estate has an impact on the economy of ordinary people. Each governments dealt with real estate policy being very important. Whenever the real estate market was unstable, each government controled real estate market with restrained imaginary demand policy and expanded supply policy simultaneously. The reasons for government intervention in the market are effectiveness and utilization. In this study, we evaluate the real estate market and real estate policies of Lee Myung-bak’s government, furthermore we supposed to suggest how to improve. (2) RESEARCH METHOD This study used literature review and empirical analysis. First, Lee Myung-bak government's housing policy was researched. Second, in order to diagnose real estate market, the KB Bank’s House Price Index, Real estate 114;s materials, as well as the United States FRB Data were compared. (3) RESEARCH FINDINGS First, the price change rate of small housing was higher than the medium’s. Second, the supply of small apartments fell down sharply. Third, through the analysis of Korea and the U.S. housing market, since Arpril 2007, the housing prices in the U.S. was adjusted lower, however, the housing prices in Korea was instability. 2. RESULTS The short-term oriented policy should be avoided, and the efficiency and credibility of policy should be increased. Furthermore, the long-term policy system should be established. and rental market’s improvement is necessary for stabilization of real estate market.
#주택시장 #보금자리주택 #부동산정책 #이명박정부 #단기대책 #장기정책시스템 #Housing Market #New PLUS Housing #Real Estate Policy. Lee Myung-bak's government #Short-term oriented policy #Long-term policy system

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