@article{ART002450856},
author={Yeo, Dae Hwan and Baek, Sung-Joon},
title={A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2019},
volume={29},
number={1},
pages={39-48},
doi={10.35136/krer.29.1.3}
TY - JOUR
AU - Yeo, Dae Hwan
AU - Baek, Sung-Joon
TI - A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size
JO - Korea Real Estate Review
PY - 2019
VL - 29
IS - 1
PB - korea real estate research institute
SP - 39
EP - 48
SN - 2092-5395
AB - Suggested herein is a policy proposal for minimizing the possibility of loss from reverse mortgage, supplied as a single model. In this study, the changes in the number of people availing of reverse mortgage according to the difference in price increase by region and house size, one of the factors for the calculation of the monthly payment for reverse mortgage, are analyzed. For this purpose, the changes in the number of people who rent apartments in the metropolitan area and in the five metropolitan cities where the scope of the price increase rate data is standardized according to the apartment size and the difference in the price increase rate are analyzed, and the following results are obtained.
First, in Gyeonggi, Daegu, Ulsan, and Gwangju, the significance level for the differences in the apartment price increase rate factors by region is 1%. Second, the fixed-effect model for the apartment size as controlled for the regional factors is statistically significant, with a 10% significance level in excess of 85㎡.
In the previous studies, cross-sectional analysis is mainly used, but in this study, panel analysis is used to examine the differences in the changes in the number of housing pension subscribers according to the difference in the price increase rate by region and apartment size.
KW - reverse mortgage;price increase rate;region;housing size;panel analysis
DO - 10.35136/krer.29.1.3
ER -
Yeo, Dae Hwan and Baek, Sung-Joon. (2019). A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size. Korea Real Estate Review, 29(1), 39-48.
Yeo, Dae Hwan and Baek, Sung-Joon. 2019, "A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size", Korea Real Estate Review, vol.29, no.1 pp.39-48. Available from: doi:10.35136/krer.29.1.3
Yeo, Dae Hwan, Baek, Sung-Joon "A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size" Korea Real Estate Review 29.1 pp.39-48 (2019) : 39.
Yeo, Dae Hwan, Baek, Sung-Joon. A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size. 2019; 29(1), 39-48. Available from: doi:10.35136/krer.29.1.3
Yeo, Dae Hwan and Baek, Sung-Joon. "A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size" Korea Real Estate Review 29, no.1 (2019) : 39-48.doi: 10.35136/krer.29.1.3
Yeo, Dae Hwan; Baek, Sung-Joon. A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size. Korea Real Estate Review, 29(1), 39-48. doi: 10.35136/krer.29.1.3
Yeo, Dae Hwan; Baek, Sung-Joon. A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size. Korea Real Estate Review. 2019; 29(1) 39-48. doi: 10.35136/krer.29.1.3
Yeo, Dae Hwan, Baek, Sung-Joon. A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size. 2019; 29(1), 39-48. Available from: doi:10.35136/krer.29.1.3
Yeo, Dae Hwan and Baek, Sung-Joon. "A Study on the Changes in the Number of People Availing of Reverse Mortgage According to the Difference in Price Increase by Region and Apartment Size" Korea Real Estate Review 29, no.1 (2019) : 39-48.doi: 10.35136/krer.29.1.3
