상가 매각가율 영향요인에 관한 연구

A Study on the Factors Affectting Sell Price Ratio of Retail Property

1. CONTENTS (1) RESEARCH OBJECTIVES The objectives of this study are to provide useful information to all the economic units that enter the real estate auction market so that they can get prepared and make decisions if and when such major unfavorable factors as the global financial crisis are encountered again. (2) RESEARCH METHOD Previous studies as related to real estate auction have been reviewed and multiple regression analyses on the selected samples have been performed by utilizing the court auction information from the Supreme Court. (3) RESEARCH FINDINGS Verification results have been made available with regard to the characteristic factors and the significant variables that influence the selling price ratio in the auction market of shopping malls before and after the global financial crisis. 2. RESULTS First, selling characteristic factors like appraised value, number of auctions, etc. have influenced the selling price ratio in the same direction before and after the global financial crisis. Second, before the global financial crisis, the CD profit ratio of 'economic indicator characteristic factor' has influenced the selling price ratio in the negative (-) direction, but both the exchange rate and the dishonored bill rate have influenced it in the positive (+) direction. However, after the global financial crisis, the CD profit ratio has influenced the selling price ratio in the positive direction but both the exchange rate and the dishonored bill rate have turned out to influence it in the negative direction. Third, it has been verified that before the global financial crisis, the Gangnam area has influenced the selling price ratio more, whereas after the financial crisis, other areas excluding the Gangnam area have been verified to influence it more. Finally, the significant variables that have influenced the selling price ratio before and after the global financial crisis are not the same.