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A Study on the Residential Mobility Factors by Household’s Age

  • Korea Real Estate Review
  • 2013, 23(2), pp.79-94
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

Mihwa Lim 1

1단국대학교

Accredited

ABSTRACT

In this study, using the Korea Labor and Income Panel Study 13 years data, I analyze the residential mobility factors of households in Korea with household characteristics and housing market variables. Analysis results is residential mobility is affected by life cycle needs and the housing market. But house price fluctuation has more influence on the residential mobility than life cycle needs. Residential mobility factors of elderly households is different young and middle-aged households factors. Elderly households is less residential mobility than young-age and middle-age households. They are not affected by changes in housing prices. These results, when an increase in the old-aged households inevitably will be forced to reduce the residential mobility. But young and middle-aged households have active residential mobility more than old-aged households.

Citation status

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