@article{ART003246680},
author={Kim, Hyung Tae and Lee, Sang Youb},
title={Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2025},
volume={35},
number={3},
pages={43-56}
TY - JOUR
AU - Kim, Hyung Tae
AU - Lee, Sang Youb
TI - Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction
JO - Korea Real Estate Review
PY - 2025
VL - 35
IS - 3
PB - korea real estate research institute
SP - 43
EP - 56
SN - 2092-5395
AB - This study empirically examines the structural effects of public rental housing on households’ willingness to homeownership. Using microdata from the 2023 Korea Housing Survey conducted by the Ministry of Land, Infrastructure and Transport, a Generalized Structural Equation Model was employed with sampling weights applied. The analysis focused on three mediating variables—housing cost burden, asset levels, and housing satisfaction—for exploring the relationship between public rental housing and homeownership intention. Reportedly, public rental housing remarkably alleviates housing cost burdens and enhances housing satisfaction; however, these factors indicate limited pathways to influencing homeownership intention. In contrast, public rental housing was positively associated with asset accumulation, and the indirect effect of assets on homeownership intention was statistically significant. Therefore, public rental housing contributes to short-term residential stability and may shape long-term housing choices with asset building as a foundation.
KW - Public Rental Housing;Homeownership Intention;Asset Accumulation;Housing Cost Burden;Generalized Structural Equation Modeling(GSEM)
DO -
UR -
ER -
Kim, Hyung Tae and Lee, Sang Youb. (2025). Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction. Korea Real Estate Review, 35(3), 43-56.
Kim, Hyung Tae and Lee, Sang Youb. 2025, "Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction", Korea Real Estate Review, vol.35, no.3 pp.43-56.
Kim, Hyung Tae, Lee, Sang Youb "Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction" Korea Real Estate Review 35.3 pp.43-56 (2025) : 43.
Kim, Hyung Tae, Lee, Sang Youb. Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction. 2025; 35(3), 43-56.
Kim, Hyung Tae and Lee, Sang Youb. "Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction" Korea Real Estate Review 35, no.3 (2025) : 43-56.
Kim, Hyung Tae; Lee, Sang Youb. Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction. Korea Real Estate Review, 35(3), 43-56.
Kim, Hyung Tae; Lee, Sang Youb. Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction. Korea Real Estate Review. 2025; 35(3) 43-56.
Kim, Hyung Tae, Lee, Sang Youb. Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction. 2025; 35(3), 43-56.
Kim, Hyung Tae and Lee, Sang Youb. "Analyzing the Mediating Effects of Public Rental Housing on Homeownership Intention : A Structural Equation Modeling Approach Focusing on Housing Costs, Assets, and Satisfaction" Korea Real Estate Review 35, no.3 (2025) : 43-56.
