@article{ART002538973},
author={Jeong, Myung Si and Chu， Joon Suk},
title={An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2019},
volume={29},
number={4},
pages={55-67},
doi={10.35136/krer.29.4.4}
TY - JOUR
AU - Jeong, Myung Si
AU - Chu， Joon Suk
TI - An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City
JO - Korea Real Estate Review
PY - 2019
VL - 29
IS - 4
PB - korea real estate research institute
SP - 55
EP - 67
SN - 2092-5395
AB - This study is the first to analyze the effects of various types of crime, including social abuse crimes and improvement of crime environment on the apartment prices in Busan. The dependent variable is the real transaction price of the apartments, which include the transactions in January 2017. A total of 1,906 cases are analyzed by gu·gun. As for the independent variables, the variables of crime characteristics include the total crime rate, five major violent crimes, social abuse crime, and crime by foreigners. The variables of other characteristics include the number of foreigners, concentration area of foreigners, North Korean defectors, number of CCTV, and environmental improvement. Under the assumption that the past crimes have an effect on the current apartment price, the study obtain various pieces of statistics in regard to the crimes during three years (2014~2016). The analysis use the hedonic price model. Five major violent crimes, social abuse crimes (e.g., sexual, domestic, and school violence), crime by foreigners, number of foreigners, North Korean defectors, and number of CCTV have the right sign with statistical significance. In particular, school violence has a significant negative impact on the apartment price of the areas of concern because the parents have sensitive reactions to school violence.
KW - social abuse crime;five violent crimes;school violence;apartment price;hedonic price model
DO - 10.35136/krer.29.4.4
ER -
Jeong, Myung Si and Chu， Joon Suk. (2019). An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City. Korea Real Estate Review, 29(4), 55-67.
Jeong, Myung Si and Chu， Joon Suk. 2019, "An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City", Korea Real Estate Review, vol.29, no.4 pp.55-67. Available from: doi:10.35136/krer.29.4.4
Jeong, Myung Si, Chu， Joon Suk "An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City" Korea Real Estate Review 29.4 pp.55-67 (2019) : 55.
Jeong, Myung Si, Chu， Joon Suk. An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City. 2019; 29(4), 55-67. Available from: doi:10.35136/krer.29.4.4
Jeong, Myung Si and Chu， Joon Suk. "An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City" Korea Real Estate Review 29, no.4 (2019) : 55-67.doi: 10.35136/krer.29.4.4
Jeong, Myung Si; Chu， Joon Suk. An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City. Korea Real Estate Review, 29(4), 55-67. doi: 10.35136/krer.29.4.4
Jeong, Myung Si; Chu， Joon Suk. An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City. Korea Real Estate Review. 2019; 29(4) 55-67. doi: 10.35136/krer.29.4.4
Jeong, Myung Si, Chu， Joon Suk. An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City. 2019; 29(4), 55-67. Available from: doi:10.35136/krer.29.4.4
Jeong, Myung Si and Chu， Joon Suk. "An Analysis of the Impact of Social Abuse Crimes and Five Violent Crimes on Housing Prices : The Case of Busan Metropolitan City" Korea Real Estate Review 29, no.4 (2019) : 55-67.doi: 10.35136/krer.29.4.4
