@article{ART001939282},
author={Mihwa Lim},
title={The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2014},
volume={24},
number={4},
pages={149-159}
TY - JOUR
AU - Mihwa Lim
TI - The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice
JO - Korea Real Estate Review
PY - 2014
VL - 24
IS - 4
PB - korea real estate research institute
SP - 149
EP - 159
SN - 2092-5395
AB - This study attempted to analyze the effect of the risk preference of the homeowning household on debts. As a result, it was found that the proportion of investment in risky assets such as stocks in financial assets, namely, the risk preference in this study, had a positive significant effect on household debts. This shows that the risk preference of the homeowning household has a significant effect on mortgage loans and other debts. That is the household having the high propensity to prefer risky assets, namely, the household having the high proportion of investment in stocks and bonds, tended to use mortgage loans and other debts.
An attempt was made to analyze the effect of household mortgage burden and other debts burden on household consumption and savings. As a result, it was found that their effect on the cost of living and financial assets varied according to the household feeling the burden of household loans to income and the household feeling the burden of other debts. That is, the households having the burden of other debts, unlike the households using mortgage loans, tended to adjust financial assets. This result shows that the households engaged in reasonable economic activity to adjust the risk of mortgage loans and other debts.
KW - risk preferences;mortgage;cost of living;financial assets;asset management
DO -
UR -
ER -
Mihwa Lim. (2014). The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice. Korea Real Estate Review, 24(4), 149-159.
Mihwa Lim. 2014, "The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice", Korea Real Estate Review, vol.24, no.4 pp.149-159.
Mihwa Lim "The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice" Korea Real Estate Review 24.4 pp.149-159 (2014) : 149.
Mihwa Lim. The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice. 2014; 24(4), 149-159.
Mihwa Lim. "The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice" Korea Real Estate Review 24, no.4 (2014) : 149-159.
Mihwa Lim. The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice. Korea Real Estate Review, 24(4), 149-159.
Mihwa Lim. The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice. Korea Real Estate Review. 2014; 24(4) 149-159.
Mihwa Lim. The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice. 2014; 24(4), 149-159.
Mihwa Lim. "The Impacts of the Risk Preference and DTI ratio on Homeowner’s Portfolio Choice" Korea Real Estate Review 24, no.4 (2014) : 149-159.
