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KMID : 0383619920130000003
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Bulletin of Environmental Sciences
1992 Volume.13 No. 0 p.3 ~ p.12
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The Specification of the Optimal Housing Standards According to the Housing Demand Groups
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Abstract
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The purpose of this study is to suggest the optimal housing standards through the analysis of the relationship between permanent Income and housing Price. The Data wee surveyed in Seoul through 1989 year. It were analyzed to test the Conditional Logit and Hedonic Price Function by SAS Package. The findings of this study as follows :
First, the low-income household consumes the housing size which has 24 Pyong and 2 rooms, the middle-income household consumes 29 Pyong and 3 rooms and high-income household consumes 37 Pyong and 3 rooms. Second, the Lifr-cycle I consumes the housing size which has 20 Pyong and 2 rooms, the Life-Cycle Ⅱ consumes 29 Pyong and 3 rooms, the Life-Cycle Ⅲconsumes 33 Pyong and 3 rooms and Life-Cycle Ⅳ consumes 34 Pyong and 3 rooms. Third, Housing Finance for the Housing Demand Groups to complement the effect of dwelling security is requireed.
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KEYWORD
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