@article{ART001580810},
author={황갑복 and Seon-Jong Yoo},
title={A Study on Pricing index of Affordable Housing in Public Regeneration Projects},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2011},
volume={21},
number={2},
pages={125-145}
TY - JOUR
AU - 황갑복
AU - Seon-Jong Yoo
TI - A Study on Pricing index of Affordable Housing in Public Regeneration Projects
JO - Korea Real Estate Review
PY - 2011
VL - 21
IS - 2
PB - korea real estate research institute
SP - 125
EP - 145
SN - 2092-5395
AB - Many public developers are facing lawsuits for the affordable houses since 2006. Thousands of emigrants appealed to the Supreme Court in 2007 in relation with the price of affordable housing against public sectors including Land & Housing Corporation and Seoul Housing Corporation. According to the Compulsory Purchase act, when public developers carry out the public generation projects, they must establish restoring policies over living conditions such as resettlement fund, low-cost residential land and affordable housing, besides compensation for the loss of housing properties. In addition, public developers must pay the cost of fundamental facilities such as road, electricity, gas, sewage and tap water for the low-cost residential land, but they don’t have to pay the cost of those facilities for affordable housing. On the other hand, most emigrants think that the pricing index of affordable housing should be comprised of non-profit margin; basic land cost, construction cost, building cost. This paper discusses how the compensation scheme has applied for affordable housing and focuses on calculating the cost of fundamental facilities. The paper also presents exploratory viewpoints on the housing price index through the case of the Eun-pyung Newtown apartment prices. Finally, this paper discusses how to deal with the development gains through the urban regeneration and suggests proper price model for affordable housing by three criteria; public land standard price, building cost and fundamental facilities cost based on housing price control scheme & the Compulsory Purchase act.
KW - affordable housing;fundamental facilities;housing price
DO -
UR -
ER -
황갑복 and Seon-Jong Yoo. (2011). A Study on Pricing index of Affordable Housing in Public Regeneration Projects. Korea Real Estate Review, 21(2), 125-145.
황갑복 and Seon-Jong Yoo. 2011, "A Study on Pricing index of Affordable Housing in Public Regeneration Projects", Korea Real Estate Review, vol.21, no.2 pp.125-145.
황갑복, Seon-Jong Yoo "A Study on Pricing index of Affordable Housing in Public Regeneration Projects" Korea Real Estate Review 21.2 pp.125-145 (2011) : 125.
황갑복, Seon-Jong Yoo. A Study on Pricing index of Affordable Housing in Public Regeneration Projects. 2011; 21(2), 125-145.
황갑복 and Seon-Jong Yoo. "A Study on Pricing index of Affordable Housing in Public Regeneration Projects" Korea Real Estate Review 21, no.2 (2011) : 125-145.
황갑복; Seon-Jong Yoo. A Study on Pricing index of Affordable Housing in Public Regeneration Projects. Korea Real Estate Review, 21(2), 125-145.
황갑복; Seon-Jong Yoo. A Study on Pricing index of Affordable Housing in Public Regeneration Projects. Korea Real Estate Review. 2011; 21(2) 125-145.
황갑복, Seon-Jong Yoo. A Study on Pricing index of Affordable Housing in Public Regeneration Projects. 2011; 21(2), 125-145.
황갑복 and Seon-Jong Yoo. "A Study on Pricing index of Affordable Housing in Public Regeneration Projects" Korea Real Estate Review 21, no.2 (2011) : 125-145.
