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@article{ART002698365},
author={Jang， Ho Kwan and Lee, Sang Youb},
title={A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2021},
volume={31},
number={1},
pages={7-18},
doi={10.35136/krer.31.1.1}

TY - JOUR
AU - Jang， Ho Kwan
AU - Lee, Sang Youb
TI - A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City
JO - Korea Real Estate Review
PY - 2021
VL - 31
IS - 1
PB - korea real estate research institute
SP - 7
EP - 18
SN - 2092-5395
AB - This study analyzed the factors that affect the occurrence of unsold apartments after completion of construction in Busan Metropolitan City, which has the highest rate of unsold apartments nationwide from 2017 to 2019. Logistic regression analysis showed that the probability of unsold apartments after completion was reduced when the following factors are higher: total number of households, terraced porch structure, the adoption of district heating, construction by high-rank corporation, residential and commercial complexes, proximity to urban railways, entrance rate of special-purpose and autonomous private high schools, and net entry rate of high schools. However, the number of parking spaces per generation, proximity to elementary schools, and existence of representative equilibrium have no significant effects. This study is expected to provide implications for the decision-making of operators considering new supply and consumers for investment and residential purposes.
KW - unsold houses after completion;Busan Metropolitan City;logistic regression analysis
DO - 10.35136/krer.31.1.1
ER -

Jang， Ho Kwan and Lee, Sang Youb. (2021). A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City. Korea Real Estate Review, 31(1), 7-18.

Jang， Ho Kwan and Lee, Sang Youb. 2021, "A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City", Korea Real Estate Review, vol.31, no.1 pp.7-18. Available from: doi:10.35136/krer.31.1.1

Jang， Ho Kwan, Lee, Sang Youb "A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City" Korea Real Estate Review 31.1 pp.7-18 (2021) : 7.

Jang， Ho Kwan, Lee, Sang Youb. A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City. 2021; 31(1), 7-18. Available from: doi:10.35136/krer.31.1.1

Jang， Ho Kwan and Lee, Sang Youb. "A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City" Korea Real Estate Review 31, no.1 (2021) : 7-18.doi: 10.35136/krer.31.1.1

Jang， Ho Kwan; Lee, Sang Youb. A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City. Korea Real Estate Review, 31(1), 7-18. doi: 10.35136/krer.31.1.1

Jang， Ho Kwan; Lee, Sang Youb. A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City. Korea Real Estate Review. 2021; 31(1) 7-18. doi: 10.35136/krer.31.1.1

Jang， Ho Kwan, Lee, Sang Youb. A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City. 2021; 31(1), 7-18. Available from: doi:10.35136/krer.31.1.1

Jang， Ho Kwan and Lee, Sang Youb. "A Study on Factors Affecting Unsold Houses after Completion: Focused on Busan Metropolitan City" Korea Real Estate Review 31, no.1 (2021) : 7-18.doi: 10.35136/krer.31.1.1