@article{ART002418990},
author={정관석 and Lee Jae Woo},
title={The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2018},
volume={28},
number={4},
pages={7-22},
doi={10.35136/krer.28.4.1}
TY - JOUR
AU - 정관석
AU - Lee Jae Woo
TI - The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure
JO - Korea Real Estate Review
PY - 2018
VL - 28
IS - 4
PB - korea real estate research institute
SP - 7
EP - 22
SN - 2092-5395
AB - This study aimed to empirically analyze the factors that influence newlyweds’ housing tenure. For this, a questionnaire survey was conducted among newlyweds living nationwide who had been married for 5 years or less and were under the age of 40. The results of the survey were empirically analyzed by applying various variables.
With regard to parental financial support among the factors influencing newlyweds’ housing tenure, the analysis results showed that the probability of owner occupancy was high among the households with parental financial support than among those with none, and the larger the size of the parental financial support was, the higher the probability that the newlyweds owned the house they were occupying. As for the housing loan variable, it was found that the probability of owner occupancy was high among the newlyweds with a housing loan than among those with none, and the larger the amount of the newlyweds’ housing loan was, the higher the probability that they owned the house they were occupying. As opposed to what is generally recognized, however, the survey showed that the higher the ratio of dual earners is, the lower the owner occupancy probability due to the probability of job transition, etc. In addition, it was found that the probability of owner occupancy for the newlyweds living in Seoul was lower than that for the newlyweds living in other regions in South Korea.
Accordingly, this study showed that appropriate levels of parental economic indicators should also be reflected in the stable housing support and loan policies for newlyweds in the context that the succession to their parents' fortunes is generalized.
KW - newlyweds;housing tenure;parental financial support;housing loan
DO - 10.35136/krer.28.4.1
ER -
정관석 and Lee Jae Woo. (2018). The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure. Korea Real Estate Review, 28(4), 7-22.
정관석 and Lee Jae Woo. 2018, "The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure", Korea Real Estate Review, vol.28, no.4 pp.7-22. Available from: doi:10.35136/krer.28.4.1
정관석, Lee Jae Woo "The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure" Korea Real Estate Review 28.4 pp.7-22 (2018) : 7.
정관석, Lee Jae Woo. The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure. 2018; 28(4), 7-22. Available from: doi:10.35136/krer.28.4.1
정관석 and Lee Jae Woo. "The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure" Korea Real Estate Review 28, no.4 (2018) : 7-22.doi: 10.35136/krer.28.4.1
정관석; Lee Jae Woo. The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure. Korea Real Estate Review, 28(4), 7-22. doi: 10.35136/krer.28.4.1
정관석; Lee Jae Woo. The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure. Korea Real Estate Review. 2018; 28(4) 7-22. doi: 10.35136/krer.28.4.1
정관석, Lee Jae Woo. The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure. 2018; 28(4), 7-22. Available from: doi:10.35136/krer.28.4.1
정관석 and Lee Jae Woo. "The Effect of Parental Financial Support and Housing Loan on Newlyweds’ Housing Tenure" Korea Real Estate Review 28, no.4 (2018) : 7-22.doi: 10.35136/krer.28.4.1
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