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Analysis on the Effect of Public Housing Complex’s Location Conditions on the Neighborhood Apartment Prices in Daegu

Kim, Junghoon 1

1영남대학교

Accredited

ABSTRACT

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.

Citation status

* References for papers published after 2023 are currently being built.