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The Effects of Air Force Regulation on the Housing Market Price: The Case of Apartments in the City of Seongnam

  • Journal of the Association of Korean Geographers
  • Abbr : JAKG
  • 2018, 7(1), pp.97-113
  • DOI : 10.25202/JAKG.7.1.8
  • Publisher : Association of Korean Geographers
  • Research Area : Social Science > Geography
  • Received : November 30, 2017
  • Accepted : February 7, 2018

Haeseok Lee 1 Kim, Youngho 2

1고려대학교 지리학과
2고려대학교 지리교육과

Accredited

ABSTRACT

Korea has experienced rapid urban sprawl. In the process, existing military base and new residential areas are co-located one next another leading to conflicts. Relocating military base or residential areas would be the simplistic solution to this problems. However, limited land and resource do not allow the simple solutions. Understanding each other’s situations would be a first step to solve the problem. This study expects to investigate the effects of military base on residential areas in housing market price perspectives. In particular, this study focused on an air force base, which causes building height regulations on private land development and noise pollution. The air force base is located on Sujeong-gu, Seongnam-si, and this study quantitatively measures and analyzes its effects on residential areas. This study ranges from 2008 to 2016 using apartment price and relevant factors. In addition, this study emphasized the effects of building height regulations. Multiple regression model and spatial regression model applied to estimate the effects on apartment housing market price. The result shows that released height regulation areas have rapidly increase price rate, showing height regulation posed negative influence in housing market. This study expects to contribute to military facility related law enactment and housing policy makings.

Citation status

* References for papers published after 2022 are currently being built.