2013, Vol.79, No.

The Korea Spatial Planning Review 2023 KCI Impact Factor : 1.2

pISSN : 1229-8638
https://journal.kci.go.kr/krihs

As economic globalization deepens, economic crises occur frequently and thus the internal and external environment surrounding regional economies constantly fluctuates. Regional strategies to guarantee the long-term development of a region with adaptability to crisis and change are more than necessary. This study makes a preliminary investigation on how regions have been affected by the two crises, what structural changes regions have gone through, and why regions have had different experiences. Borrowing the concept of regional resilience, this study attempts to classify regional types. According to the time periods set up around the two crises, regional changes are explained by regional value added and employment. Simple correlation test is performed to find out which factors are responsible for the differential results by region. Based on changes in regional value added and employment, regions are classified into four types: thriving, stagnant, transformative and faltering. Finally, preliminary policy implications are derived from the above results.

The purpose of this study is to analyze empirically the effect of public housing complex’s location conditions upon the neighborhood apartment prices in Daegu. The dependent variable is the price per 3.3m2 of Sales House, and for the independent variables this study identified the variable revealed by previous studies, with correlation analysis and selected it with household properties, complex properties, regional characteristics, and location characteristics. For research methods, this study used HPM (Hedonic Price Model) in statistical method to grasp the effect of public housing complex’s location conditions upon the neighborhood apartment prices from 25 public houses located in Daegu’s land development district. This study used statistical program of SPSS 18.0 for the empirical analysis by each model. The analysis resulted in that the normal public housing complex’s location conditions has the positive effect upon the neighborhood apartment prices. Just in the research result of this paper, it is judged to have a positive effect upon the surrounding condominium if traffic and education and culture and leisure facilities are built parallel for its surrounding to which would be referred when further buildings of public housing.

The current definition of housepoor is based on the DTI (debt-to-income) ratio, which fails to consider alternative repayment schemes, additional household wealth and practical difficulties in analyzing the purpose of borrowing. This study proposes a new definition with the standard payback period which can account for balloon payment and spare wealth. Extracting the housepoor with the new definition, the number of housepoor is about fifty thousand, which are 0.3% of total households in Korea and 1% of total housing mortgage loans. This fact can weaken the necessity of government intervention in housepoor problems. Including other purposes of borrowing doubles the size of beneficiaries, which implies government measures should account for the purpose of borrowing. The new definition also shows that Korean housepoors are concentrated in the elderly and low-income groups. The concentration provides solid foundation that housepoor policies should be coordinated with other policies for the elderly and low-income households.