토지임대부 및 환매조건부 주택 시범사업 비교분석 연구

A Comparative Analysis Study on the Pilot Project of Land-lease and Repurchase Housing Systems and Resident' s Response in view of Housing Price Acceptability

1. CONTENTS (1) RESEARCH OBJECTIVES The imbalance between the total number of households and the total housing stock is often referred to as the housing shortage m Korea, particularly large cities and Seoul Metropolitan Region. Certainly the most common concern expressed in the popular press is that of increasing housing prices and rents The purpose of this study is to evaluate the pilot project of 'land lease housing' and 'repurchase housing' systems which were introduced as new systems of housing supply (2) RESEARCH METHOD in order to investigate residents' recognition and response, we have made questionnaire survey in August 2007 (3) RESEARCH FINDINGS Study findings indicate that there is much difference in users' recognition for actual sale price and land rent. Residents feel heavy burden for the monthly land rent. As for the sale price of 7.4 million won per 3.3m' in terms of the repurchase housing program, the 47.9%~35.7% of potential purchasers want to actually buy it, thus showing much difference between their willingness to pay and sale price 2. RESULTS As study findings show, the land lease housing and repurchase housing systems were not enthusiastically accepted by users as new supplying methods of housing that intended to supply reasonable-price housing and to crackdown housing speculation. However, it seems necessary to reintroduce both housing systems by working out some actual measures to reduce housing price, such as no-margin sale or national housing fund support. And it is necessary to clarify the target group for these housing programs and to consider potential purchasers' housing consumption behaviors